Crypto Contest December 7: zkTube Protocol

zkTube Protocol (KuCoin: ZKTUSDT) 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, ZKT began a red wave one advance on November 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 1 and the red wave two (blue sub-waves a-b-c) correction ended on December 6. If this wave count is correct, ZKT should be heading next towards the December 1 peak in the red wave three.

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

Zooming out in the daily chart, I believe ZKT is currently in the red wave three (blue sub-wave iii). The red wave one began on October 26 and the red wave two correction ended on November 23.

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

Funnymentals

zkTube is a "world-first" Layer 2 mining protocol by adopting zero-knowledge proof to having innovation on prover-decentralized design for lower energy consumption. You can watch their latest mining analysis below.

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

How Will zkTube Protocol Trade?

zkTube Protocol (KuCoin: ZKTUSDT) four-hour 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.

ZKT will takeout the December 1 peak

ZKT will drop below the November 23 low

ZKT will stay in a trading range between the November 23 low and the December 1 peak until January 14