Crypto Contest February 16: Warena

Warena (CoinEx: RENAUSDT) 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, RENA began a red wave one advance on February 4. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 10 and the red wave two (blue sub-waves a-b-c) correction ended on February 14. If this wave count is correct, RENA should be heading next towards the February 10 peak in the red wave three.

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

Funnymentals

Warena features a fantastical action-survival gameplay. Random Nico reviewed the game last month.

(Sources: https://www.warena.io/)

How Will Warena Trade?

Warena (CoinEx: RENAUSDT) 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.

RENA will takeout the February 10 peak

RENA will drop below the February 4 low

RENA will stay in a trading range between the February 4 low and the February 10 peak until March 26