Hcash (HSRBTC) 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, Hcash began a wave one advance on March 18. The red wave one finished on March 31, and the red wave two correction ended on April 8. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on May 3, and the red wave four (blue sub-waves a-b-c) correction ended on May 12. If this wave count is correct, Hcash should be heading next towards the May 3 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Hcash is a decentralized and open-source cross platform cryptocurrency. Cryptocurrency Australia published a coin review on April 16.
(Sources: https://h.cash/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Hcash will takeout the May 3 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Hcash will drop below the April 8 low".
If you think Hcash is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Hcash will stay in a trading range between the April 8 low and the May 3 peak until June 22".
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