Helium (Binance: HNTUSDT) 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, HNT began a red wave one advance on June 9. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 24 and the red wave two (blue sub-waves a-b-c) correction ended on October 7. If this wave count is correct, HNT should be heading next towards the September 24 peak in the red wave three.
(Chart courtesy of Coinmarketcap.com (log scale))
Funnymentals
Helium is a decentralized blockchain-powered network for Internet of Things (IoT) devices. Blockchain Business reviewed the project two months ago.
(Sources: https://www.helium.com/)
How Will Helium Trade?
Helium (HNTUSD) line chart by Coinmarketcap.
(Chart courtesy of Coinmarketcap.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 and comment below.
HNT will takeout the September 24 peak
HNT will drop below the July 25 low
HNT will stay in a trading range between the July 25 low and the September 24 peak until December 2
