Crypto Contest August 14: HyperCash

HyperCash (Huobi: HCUSDT) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, HC began a red wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in June 2019, and the red wave two (blue sub-waves a-b-c) correction ended in March this year. If this wave count is correct, HC should be heading next towards the June 2019 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

HCASH will create a new platform which is able to be 'Connected' to different blockchains, allowing value and information to circulate freely between networks, redefining the value of a blockchain. You can read their latest update here.

(Sources: https://h.cash/)

How Will HyperCash Trade?

HyperCash (Huobi: HCUSDT) weekly 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 and comment below.

HC will takeout the February peak

HC will drop below the March low

HC will stay in a trading range between the March low and the February peak until September 19

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65 Comments
Ecency