Crypto Contest December 7: CVCoin
CVCoin (Huobi: CVCOINBTC) has broken out of the triangle pattern in the four-hour chart.
[![nimet-n.png](https://i.postimg.cc/T3zKTY1d/nimet-n.png)](https://postimg.cc/0zCkfv7F)
(Chart courtesy of Tradingview.com (log scale))
**Elliott Wave Analysis**
In Elliott Wave terms, CVCoin began a wave one advance on November 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 2, and the red wave two (blue sub-waves a-b-c) correction ended on December 6. If this wave count is correct, CVCoin should be heading next towards the December 2 peak in the red wave three.
[![nimet-n2.png](https://i.postimg.cc/kXDN4GJK/nimet-n2.png)](https://postimg.cc/zVZH2JRG)
(Chart courtesy of Tradingview.com (log scale))
**Funnymentals**
Crypviser offers secure private messaging for everyone. You can watch their intro video below.
<iframe width="560" height="315" src="https://www.youtube.com/embed/qiDoeTrAFC8" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: https://crypviser.network/#company)
**How Will CVCoin Trade?**
CVCoin (Huobi: CVCOINBTC) four-hour chart by Tradingview.
[![nimet-n3.png](https://i.postimg.cc/Y21WXFXp/nimet-n3.png)](https://postimg.cc/6Tpqq8JS)
(Chart courtesy of Tradingview.com (log scale))
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