Crypto Contest October 26: Helium

in blurtcontests •  4 years ago 

Helium (Binance: HNTUSDT) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, HNT began a red wave one advance on June 9. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 24 and the red wave two (blue sub-waves a-b-c) correction ended on October 7. If this wave count is correct, HNT should be heading next towards the September 24 peak in the red wave three.

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

Funnymentals

Helium is a decentralized blockchain-powered network for Internet of Things (IoT) devices. Blockchain Business reviewed the project two months ago.

(Unsupported https://www.youtube.com/embed/FTqQcRe4JKY)

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

How Will Helium Trade?

Helium (HNTUSD) line chart by Coinmarketcap.

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

Prizes

I will be giving upvotes to the correct answers.

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.

HNT will takeout the September 24 peak

HNT will drop below the July 25 low

HNT will stay in a trading range between the July 25 low and the September 24 peak until December 2

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HNT will stay in a trading range between the July 25 low and the September 24 peak until December 2

  ·  4 years ago  ·