Crypto Contest February 2: Spartan Protocol

Spartan Protocol (Binance: SPARTABNB) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, SPARTA began a red wave one advance on December 3, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 8 and the red wave two (blue sub-waves a-b-c) correction ended on February 1. If this wave count is correct, SPARTA should be heading next towards the January 8 peak in the red wave three.

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

Funnymentals

Spartan Protocol offers incentivized liquidity and synthetic asset generation for Binance Smart Chain. Bit-Rush Crypto reviewed the project one month ago.

(Sources: https://spartanprotocol.org/)

How Will Spartan Protocol Trade?

Spartan Protocol (Binance: SPARTABNB) 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.

SPARTA will takeout the January 8 peak

SPARTA will drop below the January 5 low

SPARTA will stay in a trading range between the January 5 low and the January 8 peak until March 11