Crypto Contest June 14: Huntercoin
Huntercoin has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Huntercoin began a wave one advance on May 9. The wave one finished on May 21, and the wave two correction ended on May 27. The wave three advance finished on June 3, and the wave four correction ended on June 11. If this wave count is correct, Huntercoin should be heading next towards the June 3 peak in the wave five.
(Chart courtesy of Tradingview.com)
In the weekly chart, I believe Huntercoin is currently 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 May 27 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 May 27 low and the June 3 peak until July 14".
You can upvote the comment until 3 PM EST June 15 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.
Huntercoin will takeout the June 3 peak (18 voters as of 3 PM EST June 15: coinmaker, otisbrown, simonjay, kooshikoo, soundmoney, ikilledcobain (did not vote main post), timoshey, daniel.dalo, starline, eirik, cassidyandfranks, jznsamuel, poppy.poppers, pinagpala, damla, ragnaros, mprgrmmr, mahmoudsardauna).
Huntercoin will stay in a trading range between the May 27 low and the June 3 peak until July 14 (8 voters as of 3 PM EST June 15: twinner, yefet, me-tarzan, hollarolla, mirda, dirty.hera, andy23, flemingfarm).
Huntercoin will drop below the May 27 low (3 voters as of 3 PM EST June 15: razorwave8, coolthings, lig007).
You won.
Huntercoin will takeout the June 3 peak.
This post has been ranked within the top 80 most undervalued posts in the first half of Jun 14. We estimate that this post is undervalued by $25.20 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jun 14 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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Huntercoin will takeout the June 3 peak