Humaniq (HMQBTC) 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, Humaniq began a wave one advance on December 8, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 25, 2017, and the red wave two (blue sub-waves a-b-c) correction ended on June 24 this year. If this wave count is correct, Humaniq should be heading next towards the December 25, 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Humaniq is using blockchain & biometrics to connect 2 billion unbanked people, mainly without ID, to the global economy. You can view the documentary called "The Unbanked" below.
(Sources: https://humaniq.com/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Humaniq will takeout the May 2 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Humaniq will drop below the December 8, 2017 low".
If you think Humaniq is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Humaniq will stay in a trading range between the December 8, 2017 low and the May 2 peak until August 8".
(Chart courtesy of Tradingview.com (log scale))
You can upvote the comment until 3 PM EST July 6 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
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