Crypto Contest March 1: Flow

Flow (Kraken: FLOWUSD) has broken out of the triangle pattern in the four-hour chart. (Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, FLOW began a red wave one advance on January 27. The red wave one peaked on January 31 and the red wave two correction ended on February 4. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on February 21 and the red wave four (blue sub-waves a-b-c) correction ended on February 26. If this wave count is correct, FLOW should be heading next towards the February 21 peak in the red wave five. (Chart courtesy of Tradingview.com (log scale))

Funnymentals

Flow provides the infrastructure for open, composable and permissionless apps. mrmasa reviewed the project four days ago.

(Sources: https://www.onflow.org/)

How Will Flow Trade?

Flow (Kraken: FLOWUSD) daily chart by Tradingview. (Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

FLOW will takeout the February 21 peak

FLOW will drop below the February 4 low

FLOW will stay in a trading range between the February 4 low and the February 21 peak until April 7

Posted Using LeoFinance ^Beta