Herbcoin (CoinEx: HERBUSDT) 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, HERB began a red wave one advance on July 18. The red wave one peaked on July 18 and the red wave two (blue sub-waves a-b-c) correction ended on July 22. If this wave count is correct, HERB should be heading next towards the July 18 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Herbcoin is a decentralized, hybrid blockhain that is fully open-source. You can find their coin distribution here.
(Sources: https://herbcoin.io/)
How Will Herbcoin Trade?
Herbcoin (CoinEx: HERBUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
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
HERB will takeout the July 18 peak
HERB will drop below the July 18 low
HERB will stay in a trading range between the July 18 low and the July 18 peak until August 28
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You are welcome.
HERB will stay in a trading range between the July 18 low and the July 18 peak until August 28
HERB will drop below the July 18 low
Correct. Upvoted your post:
https://blurtlatam.intinte.org/actifit/@fredkese/actifit-fredkese-20240818t075909884z
Thank you
You are welcome.