Crypto Contest March 23: Value Liquidity

Value Liquidity (Huobi: VALUEUSDT) 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, VALUE began a red wave one advance on December 24, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 14 this year and the red wave two (blue sub-waves a-b-c) correction ended on March 13. If this wave count is correct, VALUE should be heading next towards the February 14 peak in the red wave three.

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

Funnymentals

The Value DeFi protocol is a platform and suite of products that aim to bring fairness, true value, and innovation to decentralized finance. You can watch their latest update below.

(Sources: https://valuedefi.io/)

How Will Value Liquidity Trade?

Value Liquidity (Huobi: VALUEUSDT) 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.

VALUE will takeout the February 14, 2021 peak

VALUE will drop below the December 24, 2020 low

VALUE will stay in a trading range between the December 24, 2020 low and the February 14, 2021 peak until April 29