Hubii Network (HitBTC: HBTETH) 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, HBT began a wave one advance in July. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in September, and the red wave two (blue sub-waves a-b-c) correction ended in October. If this wave count is correct, HBT should be heading next towards the September peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Hubii Network is a blockchain-based decentralised content marketplace. Crypto Beadles interviewed the CEO back in June this year.
(Sources: https://www.hubii.com/)
How Will Hubii Network Trade?
Hubii Network (HitBTC: HBTETH) 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.
HBT will takeout the September peak
HBT will drop below the October low
HBT will stay in a trading range between the October low and the September peak until December 15
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HBT will stay in a trading range between the October low and the September peak until December 15
(41.54%)
27
/ 65
41.54% Complete (success)
HBT will drop below the October low
(33.85%)
22
/ 65
33.85% Complete (success)
HBT will takeout the September peak
(24.62%)
16
/ 65
24.62% Complete (success)