#### Crypto Contest December 5: Kyber Network
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Kyber Network (Binance: KNCUSD) has broken out of the triangle pattern in the weekly chart.
[![nimet-n.png](https://i.postimg.cc/xCDQ2xfD/nimet-n.png)](https://postimg.cc/WDnCm7qX)
(Chart courtesy of Tradingview.com (log scale))

**Elliott Wave Analysis**

In Elliott Wave terms, KNC began a wave one advance in January. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in March, and the red wave two (blue sub-waves a-b-c) correction ended in November. If this wave count is correct, KNC should be heading next towards the March peak in the red wave three.
[![nimet-n2.png](https://i.postimg.cc/KvFH2XtD/nimet-n2.png)](https://postimg.cc/pyGZf6Gm)
(Chart courtesy of Tradingview.com (log scale))

**Funnymentals**

Kyber is an on-chain liquidity protocol that aggregates liquidity from a wide range of reserves, powering instant and secure token exchange in any decentralized application. Coin Bureau reviewed the project in October this year.
<iframe width="560" height="315" src="https://www.youtube.com/embed/S2OKINK-T9Y" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: https://kyber.network/)



**How Will Kyber Network Trade?**


Kyber Network (Binance: KNCUSD) weekly chart by Tradingview.
[![nimet-n3.png](https://i.postimg.cc/W1tK9BRp/nimet-n3.png)](https://postimg.cc/xXDt8FTB)
(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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 - KNC will takeout the March peak
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 - KNC will drop below the January low
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 - KNC will stay in a trading range between the January low and the March peak until January 10
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*Answer the question at [dpoll.xyz](https://dpoll.xyz/detail/@maarnio/crypto-contest-december-5-kyber-network/).*