Crypto Contest February 28: Maple

Maple (Coinbase: MPLUSD) 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, MPL began a red wave one advance on January 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 17 and the red wave two (blue sub-waves a-b-c) correction ended on February 24. If this wave count is correct, MPL should be heading next towards the February 17 peak in the red wave three.

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

Funnymentals

Maple is an institutional capital marketplace powered by blockchain technology. Big Arch and Money reviewed the project this month.

(Sources: https://maple.finance/)

How Will Maple Trade?

Maple (Coinbase: MPLUSD) 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.

MPL will takeout the February 17 peak

MPL will drop below the January 25 low

MPL will stay in a trading range between the January 25 low and the February 17 peak until April 7