Crypto Contest October 6: HYCON

Crypto Contest October 6: HYCON

HYCON (Bithumb: HYCKRW) 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, 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.

(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.

How Will HYCON Trade?

HYCON (Bithumb: HYCKRW) four-hour 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.

• HYCON will takeout the September 27 peak

• HYCON will drop below the September 25 low

• HYCON will stay in a trading range between the September 25 low and the September 27 peak until November 11

Answer the question at dpoll.xyz.