HunterCoin has broken out of the wedge pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe HunterCoin has completed one cycle from the August 5 low. The five wave advance finished on the October 11, and the three wave correction ended on the December 2. If this wave count is correct, HunterCoin should be heading next towards the October 11 peak.
(Chart courtesy of Tradingview.com)
In the weekly chart, HunterCoin is currently most likely in the wave three (sub-wave iii). The wave one started in June, and finished in July. The wave two correction ended on the August 5.
(Chart courtesy of Tradingview.com)
Looking at the monthly chart, I believe HunterCoin is in the wave three. The wave one started in January, and finished in March. The wave two correction ended in June.
(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long HunterCoin.
If you think this analysis is correct, upvote this post and upvote the comment "HunterCoin will takeout the October 18 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "HunterCoin will drop below the August 5 low".
You can upvote the comment until 3 PM EST December 7 and you can upvote only one comment. 100% of Steem (1.133 STEEM) from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.