Crypto Contest December 1: Horizon

Horizon has broken out of the wedge pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Horizon has completed one cycle from the August 4 low. The five wave advance ended on the October 14, and the three wave correction finished on the November 18. If this wave count is correct, Horizon should be heading next towards the October 14 peak.

(Chart courtesy of Tradingview.com)
In the weekly chart, Horizon is currently most likely in the wave three (sub-wave iii). The wave one started in June, and finished in July. The wave two correction ended on the August 4.

(Chart courtesy of Tradingview.com)
Looking at the monthly chart, I believe Horizon is in the wave three. The wave one started in the August 2014, and finished in the September 2014. The wave two correction ended in the June 2016.

(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Horizon.

If you think this analysis is correct, upvote this post and upvote the comment "Horizon will takeout the October 27 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Horizon will drop below the November 18 low".
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