ZKSpace (Gate.io: ZKSUSDT) 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, ZKS began a red wave one advance on June 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 9 and the red wave two (blue sub-waves a-b-c) correction ended on September 19. If this wave count is correct, ZKS should be heading next towards the August 9 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
The ZKSpace platform consists of three main parts: ZKSwap, the innovative Layer 2 AMM DEX utilizing ZK-Rollups technology, payment service ZKSquare, and an NFT minting center and marketplace called ZKSea. Decentralised News reviewed the project one month ago.
(Sources: https://zks.org/)
How Will ZKSpace Trade?
ZKSpace (Gate.io: ZKSUSDT) 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.
ZKS will takeout the August 9 peak
ZKS will drop below the June 18 low
ZKS will stay in a trading range between the June 18 low and the August 9 peak until October 29