Crypto Contest January 12: Stellar

Stellar has broken out of the wedge pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Stellar is currently in the wave three in the daily chart. The wave one began on December 2, 2016, and ended on December 7, 2016. The wave two correction finished on January 5. If this wave count is correct, Stellar should be heading next towards the December 7, 2016 peak.

(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Stellar.

If you think this analysis is correct, upvote this post and upvote the comment "Stellar will takeout the December 7, 2016 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Stellar will drop below the December 2, 2016 low".
If you think Stellar is in a range, upvote this post and upvote the comment "Stellar will stay in a trading range between the December 2, 2016 low and the December 7, 2016 peak until February 9".
You can upvote the comment until 3 PM EST January 13 and you can upvote only one comment. 200% of Steem (2 X 0.321 STEEM) from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.