Crypto Contest January 17: AllianceBlock

AllianceBlock (KuCoin: ALBTUSDT) 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, ALBT began a red wave one advance on January 6. The red wave one peaked on January 9 and the red wave two correction ended on January 10. The red wave three advance finished on January 15 and the red wave four correction ended on January 17. If this wave count is correct, ALBT should be heading next towards the January 15 peak in the red wave five.

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

Funnymentals

AllianceBlock is building seamless gateways between TradFi and DeFi. Common Sense Crypto reviewed the project four days ago.

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

How Will AllianceBlock Trade?

AllianceBlock (KuCoin: ALBTUSDT) 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.

ALBT will takeout the January 15 peak

ALBT will drop below the January 6 low

ALBT will stay in a trading range between the January 6 low and the January 15 peak until February 23