0Chain (Bitfinex: ZCNUSD) 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, ZCN began a red wave one advance on December 30, 2019. The red wave one finished on February 24 this year and the red wave two correction ended on April 6. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on August 23 and the red wave four (blue sub-waves a-b-c) correction ended on November 9. If this wave count is correct, ZCN should be heading next towards the August 23 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
0Chain is a data privacy, protection, and private sharing platform helping businesses achieve GDPR/CCPA compliance. AskFeebs answered some of the community questions two weeks ago.
(Sources: https://0chain.net/)How Will 0Chain Trade?
0Chain (Bitfinex: ZCNUSD) daily 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 and comment below.
ZCN will takeout the August 23 peak
ZCN will drop below the July 9 low
ZCN will stay in a trading range between the July 9 low and the August 23 peak until December 18