Crypto Contest January 12: DeFi Kingdoms

DeFi Kingdoms (CoinMarketCap: JEWELUSD) has broken out of the triangle pattern in the line chart.

(Chart courtesy of CoinMarketCap.com)

Elliott Wave Analysis

In Elliott Wave terms, JEWEL began a red wave one advance on December 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 5 and the red wave two (blue sub-waves a-b-c) correction ended on January 10. If this wave count is correct, JEWEL should be heading next towards the January 5 peak in the red wave three.

(Chart courtesy of CoinMarketCap.com)

Funnymentals

DeFi Kingdoms is a game, a DEX, a liquidity pool opportunity, and a market of rare utility driven NFTs. Attack on Axie reviewed the project one week ago.

(Sources: https://defikingdoms.com/)

How Will DeFi Kingdoms Trade?

DeFi Kingdoms (CoinMarketCap: JEWELUSD) line chart by CoinMarketCap.

(Chart courtesy of CoinMarketCap.com)

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.

JEWEL will takeout the January 5 peak

JEWEL will drop below the December 6 low

JEWEL will stay in a trading range between the December 6 low and the January 5 peak until February 19