Crypto Contest February 18: Dogcoin

Dogcoin (PancakeSwap: DOGSUSD) 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, DOGS began a red wave one advance on January 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 14 and the red wave two (blue sub-waves a-b-c) correction ended on February 17. If this wave count is correct, DOGS should be heading next towards the February 14 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Dogcoin is a layer 2 blockchain project that aims to provide an affordable and highly scalable environment to defi ecosystem, Dogcoin aims to achieve 500K TPS with a very low transaction fees. You can watch their intro video below.

(Sources: https://dogcoin.network/)

How Will Dogcoin Trade?

Dogcoin (PancakeSwap: DOGSUSD) four-hour chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

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.

DOGS will takeout the February 14 peak

DOGS will drop below the January 6 low

DOGS will stay in a trading range between the January 6 low and the February 14 peak until March 27