Crypto Contest March 3: District0x

district0x (Coinbase: DNTUSD) 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, DNT began a red wave one advance on December 28 last year. The red wave one peaked on December 30 and the red wave two correction ended on January 5 this year. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on February 7 and the red wave four (blue sub-waves a-b-c) correction ended on March 2. If this wave count is correct, DNT should be heading next towards the February 7 peak in the red wave five.

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

Funnymentals

district0x is a network of decentralized marketplaces and communities. You can read their latest monthly report here.

(Sources: https://district0x.io/)

How Will district0x Trade?

district0x (Coinbase: DNTUSD) 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.

DNT will takeout the February 7 peak

DNT will drop below the December 28 low

DNT will stay in a trading range between the December 28 low and the February 7 peak until April 9