Crypto Contest November 12: Hiveterminal Token
Hiveterminal Token (HitBTC: HVNBTC) 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, HVN began a wave one advance on September 26. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 20, and the red wave two (blue sub-waves a-b-c) correction ended on November 7. If this wave count is correct, HVN should be heading next towards the October peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Hiveterminal is a blockchain based invoice financing platform that offers a peer-to-peer bridge between small businesses and liquidity. You can watch their intro video below.
(Sources: https://www.hiveterminal.com/en/)How Will Hiveterminal Token Trade?
Hiveterminal Token (HitBTC: HVNBTC) daily chart by Tradingview.
(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.
- HVN will takeout the October 20 peak
- HVN will drop below the September 26 low
- HVN will stay in a trading range between the September 26 low and the October 20 peak until December 18
Answer the question at dpoll.xyz.