ZKSwap (Huobi: ZKSUSDT) 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, ZKS began a red wave one advance on February 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 25 and the red wave two (blue sub-waves a-b-c) correction ended on March 2. If this wave count is correct, ZKS should be heading next towards the February 25 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
ZKSwap is a ZK-Rollups based layer-2 DEX with AMM model. Boxmining reviewed the project earlier this year.
How Will ZKSwap Trade?
ZKSwap (Huobi: ZKSUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers.
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.
ZKS will takeout the February 25 peak
ZKS will drop below the February 18 low
ZKS will stay in a trading range between the February 18 low and the February 25 peak until April 23
ZKS will stay in a trading range between the February 18 low and the February 25 peak until April 23
Correct. Upvoted your comment:
https://blurtter.com/cryptoblurt/@misslea/qs0br7
ZKS will drop below the February 18 low