Crypto Contest February 19: Unistake

Unistake (Uniswap: UNISTAKEWETH) 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, UNISTAKE began a red wave one advance on January 31. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 11 and the red wave two (blue sub-waves a-b-c) correction ended on February 17. If this wave count is correct, UNISTAKE should be heading next towards the February 11 peak in the red wave three.

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

Funnymentals

Unistake empowers defi projects in their quest for liquidity and creates new incentives and reduced risk for Uniswap liquidity providers. CryptoWise covered the project one week ago.

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

How Will Unistake Trade?

Unistake (Uniswap: UNISTAKEWETH) 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.

UNISTAKE will takeout the February 11 peak

UNISTAKE will drop below the January 31 low

UNISTAKE will stay in a trading range between the January 31 low and the February 11 peak until March 28