Crypto Contest March 4: DREP

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·@maarnio·
0.000 HBD
Crypto Contest March 4: DREP
DREP (Binance: DREPUSDT) has broken out of the triangle pattern in the four-hour chart.
https://i.postimg.cc/ZKrGvcqn/nimet-n.png
(Chart courtesy of Tradingview.com (log scale))

**Elliott Wave Analysis**

In Elliott Wave terms, DREP began a wave one advance on January 28. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 17, and the red wave two (blue sub-waves a-b-c) correction ended on February 26. If this wave count is correct, DREP should be heading next towards the February 17 peak in the red wave three.
https://i.postimg.cc/J4szJSkx/nimet-n2.png
(Chart courtesy of Tradingview.com (log scale))

**Funnymentals**

DREP aims to build “connectors” and “toolkits" using blockchain technology to provide solutions that combine ease of use and flexibility. You can watch their intro video below.
<iframe width="560" height="315" src="https://www.youtube.com/embed/_PmxGqu07G8" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: https://www.drep.org/)



**How Will DREP Trade?**

DREP (Binance: DREPUSDT) four-hour chart by Tradingview.
https://i.postimg.cc/fyLbRRX7/nimet-n3.png
(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 and comment below.

DREP will takeout the February 17 peak

DREP will drop below the January 28 low

DREP will stay in a trading range between the January 28 low and the February 17 peak until April 7

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