Crypto Contest January 30: Zcoin
Zcoin (Bittrex: XZCUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, XZC began a wave one advance in December 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2019. If this wave count is correct, XZC should be heading next towards the December 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Zcoin is a privacy focused cryptocurrency that uses Sigma zk-proof technology to protect your financial privacy. You can watch their latest AMA below.
(Sources: https://zcoin.io/)How Will Zcoin Trade?
Zcoin (Bittrex: XZCUSD) weekly chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
- XZC will takeout the June 2019 peak
- XZC will drop below the December 2019 low
- XZC will stay in a trading range between the December 2019 low and the June 2019 peak until March 6
Answer the question at dpoll.xyz.