Crypto Contest July 23: Herbcoin

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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