Crypto Contest March 3: Pangolin

Pangolin (Coinbase: PNGUSD) 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, PNG began a red wave one advance on January 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 27 and the red wave two (blue sub-waves a-b-c) correction ended on March 2. If this wave count is correct, PNG should be heading next towards the February 27 peak in the red wave three.

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

Funnymentals

Pangolin is a multichain decentralized cryptocurrency exchange (DEX) on the Avalanche Network. Gerhard - Bitcoin Strategy reviewed the project one week ago.

(Sources: https://www.pangolin.exchange/)

How Will Pangolin Trade?

Pangolin (Coinbase: PNGUSD) 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

PNG will takeout the February 27 peak

PNG will drop below the February 24 low

PNG will stay in a trading range between the February 24 low and the February 27 peak until April 8