Crypto Contest May 8: 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 March 26. The wave one finished on April 4, and the wave two correction ended on April 10. If this wave count is correct, Huntercoin should be heading next towards the April 4 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 April 4 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Huntercoin will drop below the March 26 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 March 26 low and the April 4 peak until June 3".
You can upvote the comment until 3 PM EST May 9 and you can upvote only one comment. 200% of Steem 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 stay in a trading range between the March 26 low and the April 4 peak until June 3 (6 voters as of 3 PM EST May 9: twinner, razorwave8, yefet, anotherjoe, avarice, coolthings).
Huntercoin will takeout the April 4 peak (9 voters as of 3 PM EST May 9: otisbrown, simonjay, kooshikoo, steemquestions, soundmoney, starline, mprgrmmr, eirik, andy23).
You won.
Huntercoin will drop below the March 26 low (5 voters as of 3 PM EST May 9: gregory-f, allyouneedtoknow, ikilledcobain, mirda, ragnaros).
This post has been ranked within the top 80 most undervalued posts in the second half of May 08. We estimate that this post is undervalued by $9.46 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: May 08 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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