Crypto Contest January 4: Byteball Bytes

Byteball Bytes (Bittrex: GBYTEBTC) has broken out of the wedge pattern in the weekly chart.

(Chart courtesy of (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Bytes began a wave one advance on November 23, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 11, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 1 this year. If this wave count is correct, Bytes should be heading next towards the December 11, 2018 peak in the red wave three.

(Chart courtesy of (log scale))
Zooming out in the daily chart, I believe Bytes is currently in the