Crypto Contest January 17: Electric Vehicle Zone

Electric Vehicle Zone (Bithumb: EVZKRW) 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, EVZ began a red wave one advance on January 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 7 and the red wave two (blue sub-waves a-b-c) correction ended on January 11. If this wave count is correct, EVZ should be heading next towards the January 7 peak in the red wave three.

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

Funnymentals

Electric Vehicle Zone is an electric vehicle charge platform. You can read their white paper here.

(Sources: https://www.evzlife.com/)

How Will Electric Vehicle Zone Trade?

Electric Vehicle Zone (Bithumb: EVZKRW) four-hour 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.

EVZ will takeout the January 7 peak

EVZ will drop below the January 4 low

EVZ will stay in a trading range between the January 4 low and the January 7 peak until February 23