Crypto Contest February 4: Astar

Astar (Kraken: ASTRUSD) 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, ASTR began a red wave one advance on January 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 1 and the red wave two (blue sub-waves a-b-c) correction ended on February 3. If this wave count is correct, ASTR should be heading next towards the February 1 peak in the red wave three.

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

Funnymentals

Astar is a multichain build-to-earn smart contract hub on Polkadot supporting EVM, WebAssembly, and multiple L1 chains. You can watch their launch event below.

(Sources: https://astar.network/)

How Will Astar Trade?

Astar (Kraken: ASTRUSD) four-hour 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.

ASTR will takeout the February 1 peak

ASTR will drop below the January 26 low

ASTR will stay in a trading range between the January 26 low and the February 1 peak until March 14