#### Crypto Contest December 26: Morpheus.Network
***
Morpheus.Network (Bittrex: MRPHUSD) has broken out of the triangle pattern in the daily chart.
[![nimet-n.png](https://i.postimg.cc/zBL1rpCL/nimet-n.png)](https://postimg.cc/47T0v6FZ)
(Chart courtesy of Tradingview.com (log scale))

**Elliott Wave Analysis**

In Elliott Wave terms, MRPH began a wave one advance on November 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 4, and the red wave two (blue sub-waves a-b-c) correction ended on December 18. If this wave count is correct, MRPH should be heading next towards the December 4 peak in the red wave three.
[![nimet-n2.png](https://i.postimg.cc/nzwcKCkm/nimet-n2.png)](https://postimg.cc/KkB2xcCc)
(Chart courtesy of Tradingview.com (log scale))

Zooming out in the daily chart, I believe MRPH is currently in the red wave three (blue sub-wave iii). The red wave three began on November 25.
[![nimet-n3.png](https://i.postimg.cc/P5PGZ27S/nimet-n3.png)](https://postimg.cc/WdLfc6TZ)
(Chart courtesy of Tradingview.com (log scale))

**Funnymentals**

Morpheus.Network is a full-service, global, automated, supply chain platform with an integrated cryptocurrency payment system utilizing blockchain technology. You can watch their December AMA below.
<iframe width="560" height="315" src="https://www.youtube.com/embed/2ipn_OLAdTE" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: https://morpheus.network/)



**How Will Morpheus.Network Trade?**


Morpheus.Network (Bittrex: MRPHUSD) daily chart by Tradingview.
[![nimet-n4.png](https://i.postimg.cc/vHWwb3Kj/nimet-n4.png)](https://postimg.cc/hfP50bcb)
(Chart courtesy of Tradingview.com (log scale))

**Prizes**

I will be giving upvotes to the correct answers with minimum reputation of 25.


**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.
***
 - MRPH will takeout the December 4 peak
***
 - MRPH will drop below the November 25 low
***
 - MRPH will stay in a trading range between the November 25 low and the December 4 peak until January 31
***
*Answer the question at [dpoll.xyz](https://dpoll.xyz/detail/@maarnio/crypto-contest-december-26-morpheusnetwork/).*