Crypto Contest July 30: Huntercoin

Huntercoin (HUCUSD) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, Huntercoin began a wave one advance in January 2015. The red wave one finished in June 2015, and the red wave two correction ended in January 2016. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on January 12 this year, and the red wave four (blue sub-waves a-b-c) correction ended on June 29. If this wave count is correct, Huntercoin should be heading next towards the January 12 peak in the red wave five.

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

Funnymentals

In Huntercoin 80% of the coins are obtainable by collecting coins in a virtual universe which resides inside the blockchain. BGB HUC has published a time-lapse video of blocks 0-499,999.

(Sources: http://huntercoin.org/ and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Huntercoin will takeout the April 28 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Huntercoin will drop below the June 29 low".

If you think Huntercoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Huntercoin will stay in a trading range between the June 29 low and the April 28 peak until September 3".

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

You can upvote the comment until 3 PM EST August 2 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).

Bonus

I will be sending one Trophy Token (@trophy-token) to everyone who manages to get these crypto contests right seven times in a row. If/when you accomplish this, please contact me at Steemit Chat with your BitShares address.