Crypto Contest February 15: SYNC Network

SYNC Network (Uniswap: SYNCWETH) 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, SYNC began a red wave one advance on December 12, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 24, 2020 and the red wave two (blue sub-waves a-b-c) correction ended on February 3 this year. If this wave count is correct, SYNC should be heading next towards the December 24, 2020 peak in the red wave three.

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

Funnymentals

SYNC Network brings cryptobonds to the market place. UP NEXT CRYPTO covered the project two months ago.

(Sources: https://app.syncbond.com/)

How Will SYNC Network Trade?

SYNC Network (Uniswap: SYNCWETH) 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.

SYNC will takeout the December 24, 2020 peak

SYNC will drop below the December 12, 2020 low

SYNC will stay in a trading range between the December 12, 2020 low and the December 24, 2020 peak until March 24