Crypto Contest July 17: Huntercoin

Huntercoin has broken out of the channel pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, Huntercoin began a wave one advance on January 4. The wave one (sub-waves i-v) finished on June 3, and the wave two (sub-waves a-b-c) correction ended on July 16. If this wave count is correct, Huntercoin should be heading next towards the June 3 peak in the wave three.

(Chart courtesy of Tradingview.com)

If you think this analysis is correct, upvote this post and upvote the comment "Huntercoin will takeout the June 3 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "Huntercoin will drop below the January 4 low".

If you think Huntercoin is in a range, upvote this post and upvote the comment "Huntercoin will stay in a trading range between the January 4 low and the June 3 peak until August 17".

You can upvote the comment until 3 PM EST July 18 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.