Crypto Contest October 6: HYCON
HYCON (Bithumb: HYCKRW) has broken out of the triangle pattern in the four-hour chart.
[](https://postimg.cc/rRmChNHS)
(Chart courtesy of Tradingview.com (log scale))
**Elliott Wave Analysis**
In Elliott Wave terms, HYCON began a wave one advance on September 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 27, and the red wave two (blue sub-waves a-b-c) correction ended on October 4. If this wave count is correct, HYCON should be heading next towards the September 27 peak in the red wave three.
[](https://postimg.cc/SX6Bqmxg)
(Chart courtesy of Tradingview.com (log scale))
**Funnymentals**
HYCON is a digital asset built on top of a faster and more scalable blockchain developed by the HYCON R&D team. The Crypto Lark reviewed the project last year.
<iframe width="560" height="315" src="https://www.youtube.com/embed/s4ySNvdJSps" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: https://hycon.io/)
**How Will HYCON Trade?**
HYCON (Bithumb: HYCKRW) four-hour chart by Tradingview.
[](https://postimg.cc/CdhghnDk)
(Chart courtesy of Tradingview.com (log scale))
**Prizes**
I will be giving upvotes to the correct answers with minimum reputation of 25.
**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.
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1
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