Crypto Contest August 18: Huobi Pool Token

Huobi Pool Token (Huobi: HPTUSDT) 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, HPT began a red wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in July 2019, and the red wave two (blue sub-waves a-b-c) correction ended in March this year. If this wave count is correct, HPT should be heading next towards the July 2019 peak in the red wave three.

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

Funnymentals

HPT mining can be carried out through digital asset lockout, voting, and POW computing access. You can watch their intro video below.

(Sources: https://www.huobipool.com/)

How Will Huobi Pool Token Trade?

Huobi Pool Token (Huobi: HPTUSDT) 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.

HPT will takeout the February peak

HPT will drop below the March low

HPT will stay in a trading range between the March low and the February peak until September 23

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