Crypto Contest February 11: Pocket Network

Pocket Network (Huobi: POKTUSDT) 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, POKT began a red wave one advance on January 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 16 and the red wave two (blue sub-waves a-b-c) correction ended on January 24. If this wave count is correct, POKT should be heading next towards the January 16 peak in the red wave three.

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

Funnymentals

Pocket Network is a decentralized RPC protocol for any blockchain. Wes Spencer reviewed the project last month.

(Sources: https://www.pokt.network/)

How Will Pocket Network Trade?

Pocket Network (Huobi: POKTUSDT) daily chart by Tradingview.

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

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.

POKT will takeout the January 16 peak

POKT will drop below the January 12 low

POKT will stay in a trading range between the January 12 low and the January 16 peak until March 21