Crypto Contest February 8: Netvrk

Netvrk (Uniswap: NTVRKUSD) has broken out of the triangle pattern in the three-day chart.

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, NTVRK began a red wave one advance on June 27. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 24 and the red wave two (blue sub-waves a-b-c) correction ended on January 22. If this wave count is correct, NTVRK should be heading next towards the November 24 peak in the red wave three.

(Chart courtesy of Tradingview.com)

Funnymentals

Netvrk is a multichain metaverse on the blockchain, with tools that allow you to monetize your content via NFTs. Cryptolution reviewed the project last week.

(Sources: https://www.netvrk.co/)

How Will Netvrk Trade?

Netvrk (Uniswap: NTVRKUSD) three-day chart by Tradingview.

(Chart courtesy of Tradingview.com)

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.

NTVRK will takeout the November 24 peak

NTVRK will drop below the June 27 low

NTVRK will stay in a trading range between the June 27 low and the November 24 peak until March 18