Crypto Contest January 31: Zcash

Crypto Contest January 31: Zcash

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Zcash (Poloniex: ZECUSD) 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, ZEC began a wave one advance in February 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in November 2019. If this wave count is correct, ZEC should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

Zcash is a privacy-protecting, digital currency built on "strong science". Coin Bureau reviewed the coin in November 2019.

(Sources: https://z.cash/)

How Will Zcash Trade?

Zcash (Poloniex: ZECUSD) 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.

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• ZEC will takeout the June 2019 peak

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• ZEC will drop below the November 2019 low

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• ZEC will stay in a trading range between the November 2019 low and the June 2019 peak until March 7

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Answer the question at dpoll.xyz.