Crypto Contest February 8: Badger DAO

Badger DAO (OKEx: BADGERUSDT) 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, BADGER began a red wave one advance on January 22. The red wave one peaked on January 26 and the red wave two correction ended on January 26. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on February 5 and the red wave four (blue sub-waves a-b-c) correction ended on February 8. If this wave count is correct, BADGER should be heading next towards the February 5 peak in the red wave five.

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

Zooming out in the daily chart, I believe BADGER is currently in the red wave three (blue sub-wave v). The red wave one began on January 12 and the red wave two correction ended on January 22.

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

Funnymentals

Badger DAO is building products to bring BTC to DeFi. mrmasa reviewed the project last month.

(Sources: https://app.badger.finance/)

How Will Badger DAO Trade?

Badger DAO (OKEx: BADGERUSDT) four-hour 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.

BADGER will takeout the February 5 peak

BADGER will drop below the February 2 low

BADGER will stay in a trading range between the February 2 low and the February 5 peak until March 17