Crypto Contest February 9: MetaFinance

MetaFinance (Bittrex: MF1USDT) 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, MF1 began a red wave one advance on January 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 29 and the red wave two (blue sub-waves a-b-c) correction ended on February 2. If this wave count is correct, MF1 should be heading next towards the January 29 peak in the red wave three.

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

Funnymentals

MetaFinance is a subsidiary of a mother company that has been operating finance business in corporate payment sector for the past 30 years. SkyRocket Crypto reviewed the project yesterday.

(Sources: https://meta-finance.io/)

How Will MetaFinance Trade?

MetaFinance (Bittrex: MF1USDT) 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.

MF1 will takeout the January 29 peak

MF1 will drop below the January 26 low

MF1 will stay in a trading range between the January 26 low and the January 29 peak until March 19