Crypto Contest August 21: Zebec Protocol

Zebec Protocol (Gate.io: ZBCUSDT) 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, ZBC began a red wave one advance on March 16. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 13 and the red wave two (blue sub-waves a-b-c) correction ended on July 7. If this wave count is correct, ZBC should be heading next towards the April 13 peak in the red wave three.

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

Funnymentals

Zebec is a continuous settlement protocol that will transform payroll, cash flow, and token vesting by allowing users to send payments and distributions every second. Blockster interviewed the founder earlier this month.

(Sources: https://zebec.io/)

How Will Zebec Protocol Trade?

Zebec Protocol (Gate.io: ZBCUSDT) weekly 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.

ZBC will takeout the April peak

ZBC will drop below the July low

ZBC will stay in a trading range between the July low and the April peak until September 27