Crypto Contest February 2: KILT Protocol

KILT Protocol (Kraken: KILTUSD) 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, KILT began a red wave one advance on January 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 23 and the red wave two (blue sub-waves a-b-c) correction ended on January 31. If this wave count is correct, KILT should be heading next towards the January 23 peak in the red wave three.

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

Funnymentals

KILT is a fully decentralized identity protocol for issuing self-sovereign, verifiable credentials. Crypto Renegade reviewed the protocol three months ago.

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

How Will KILT Protocol Trade?

KILT Protocol (Kraken: KILTUSD) 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.

KILT will takeout the January 23 peak

KILT will drop below the January 22 low

KILT will stay in a trading range between the January 22 low and the January 23 peak until March 12