Crypto Contest July 24: zkLink

in #hive-1679222 months ago

zkLink (KuCoin: ZKLUSDT) 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, ZKL began a red wave one advance on July 22. The red wave one peaked on July 22 and the red wave two (blue sub-waves a-b-c) correction ended on July 23. If this wave count is correct, ZKL should be heading next towards the July 22 peak in the red wave three.

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

Funnymentals

zkLink develops zero-knowledge blockchain solutions for the Ethereum ecosystem. STOCK INVESTOR reviewed the project one month ago.

(Sources: https://zklink.io/)

How Will zkLink Trade?

zkLink (KuCoin: ZKLUSDT) 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

ZKL will takeout the July 22 peak

ZKL will drop below the July 22 low

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

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ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

Cheers!

ZKL will drop below the July 22 low

ZKL will takeout the July 22 peak

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

ZKL will takeout the July 22 peak

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

!BEER
!BBH
!WINE

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

ZKL will takeout the July 22 peak

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

ZKL will takeout the July 22 peak
!BEER

ZKL will drop below the July 22 low

Correct.

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29

ZKL will stay in a trading range between the July 22 low and the July 22 peak until August 29