Crypto Contest December 29: KAP Games

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KAP Games (Gate.io: KAPUSDT) 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, KAP began a red wave one advance on November 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 29 and the red wave two (blue sub-waves a-b-c) correction ended on December 25. If this wave count is correct, KAP should be heading next towards the November 29 peak in the red wave three.

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

Funnymentals

KAP Games is bringing browser & mobile gaming into the web3 era. Cepryl reviewed the project three weeks ago.

(Sources: https://www.kap.gg/)

How Will KAP Games Trade?

KAP Games (Gate.io: KAPUSDT) daily 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

KAP will takeout the November 29 peak

KAP will drop below the November 19 low

KAP will stay in a trading range between the November 19 low and the November 29 peak until February 3, 2024