Crypto Contest February 16: Bitpanda Ecosystem Token

Bitpanda Ecosystem Token (Bitpanda Pro: BESTEUR) 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, BEST began a red wave one advance on September 7, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 7 this year and the red wave two (blue sub-waves a-b-c) correction ended on January 11. If this wave count is correct, BEST should be heading next towards the February 12 peak in the red wave three (blue sub-wave v).

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

Zooming out in the weekly chart, I believe BEST is currently in the red wave three (blue sub-wave iii). The red wave one began on March 16, 2020 and the red wave two correction ended on September 7, 2020.

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

Funnymentals

Bitpanda offers one of the cheapest ways to buy Bitcoin and altcoins in Europe. 99Bitcoins reviewed the platform last month.

(Sources: https://www.bitpanda.com/en/best)

How Will Bitpanda Ecosystem Token Trade?

Bitpanda Ecosystem Token (Bitpanda Pro: BESTEUR) 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.

BEST will takeout the February 12 peak

BEST will drop below the February 1 low

BEST will stay in a trading range between the February 1 low and the February 12 peak until March 25