Crypto Contest December 22: Kamaleont

Kamaleont (PancakeSwap: KLTUSD) 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, KLT began a red wave one advance on January 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 22 and the red wave two (blue sub-waves a-b-c) correction ended on December 15. If this wave count is correct, KLT should be heading next towards the November 22 peak in the red wave three.

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

Funnymentals

Kamaleont is a tokenized investment company specialized in the blockchain ecosystem. You can find their whitepaper here.

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

How Will Kamaleont Trade?

Kamaleont (PancakeSwap: KLTUSD) 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

KLT will takeout the November 22 peak

KLT will drop below the December 15 low

KLT will stay in a trading range between the December 15 low and the November 22 peak until January 27, 2024