Crypto Contest February 10: Liquity

Liquity (Coinbase: LQTYUSD) 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, LQTY began a red wave one advance on January 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 23 and the red wave two (blue sub-waves a-b-c) correction ended on February 4. If this wave count is correct, LQTY should be heading next towards the January 23 peak in the red wave three.

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

Funnymentals

Liquity offers interest-free borrowing, built on Ethereum. The Brutal Investor reviewed the project last month.

(Sources: https://www.liquity.org/)

How Will Liquity Trade?

Liquity (Coinbase: LQTYUSD) 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.

LQTY will takeout the January 23 peak

LQTY will drop below the January 22 low

LQTY will stay in a trading range between the January 22 low and the January 23 peak until March 20