Crypto Contest February 18: Hdac

Crypto Contest February 18: Hdac

Hdac (Bithumb: HDACKRW) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, HDAC began a wave one advance on August 16, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 26, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on January 23 this year. If this wave count is correct, HDAC should be heading next towards the September 26, 2019 peak in the red wave three.

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

Funnymentals

Hdac is an IoT contract platform based on blockchain. They are planning to launch their new blockchain "Friday" during this quarter.

(Sources: https://www.hdactech.com/en/index.do)

How Will Hdac Trade?

Hdac (Bithumb: HDACKRW) daily chart by Tradingview.

(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.

• HDAC will takeout the September 2019 peak

• HDAC will drop below the August 2019 low

• HDAC will stay in a trading range between the August 2019 low and the September 2019 peak until March 24

Answer the question at dpoll.xyz.