HedgeTrade (Bittrex: HEDGUSD) 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, HEDG began a wave one advance on October 23. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 26, and the red wave two (blue sub-waves a-b-c) correction ended on November 15. If this wave count is correct, HEDG should be heading next towards the October 26 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
HedgeTrade aims to become a platform where the world’s best traders share their knowledge. You can watch their intro video below.
(Sources: https://hedgetrade.com/)How Will HedgeTrade Trade?
HedgeTrade (Bittrex: HEDGUSD) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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