Crypto Contest April 14: PowerPool

PowerPool (Binance: CVPBUSD) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, CVP began a red wave one advance on January 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 11 and the red wave two (blue sub-waves a-b-c) correction ended on February 28. If this wave count is correct, CVP should be heading next towards the February 11 peak in the red wave three.

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

Funnymentals

PowerPool makes your token portfolio smart with automated staking and rebalancing. AltcoinRadar mini reviewed the project last month.

(Sources: https://powerpool.finance/)

How Will PowerPool Trade?

PowerPool (Binance: CVPBUSD) daily chart by Tradingview.

(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.

CVP will takeout the February 11 peak

CVP will drop below the January 11 low

CVP will stay in a trading range between the January 11 low and the February 11 peak until May 21