Crypto Contest June 1: HEROcoin

HEROcoin (KuCoin: PLAYBTC) 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, PLAY began a red wave one advance on May 12. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 16, and the red wave two (blue sub-waves a-b-c) correction ended on May 23. If this wave count is correct, PLAY should be heading next towards the May 16 peak in the red wave three.

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

Funnymentals

HEROcoin is a decentralized solution for iGaming.

(Sources: https://www.herocoin.io/)

How Will HEROcoin Trade?

HEROcoin (KuCoin: PLAYBTC) 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 and comment below.

PLAY will takeout the May 16 peak

PLAY will drop below the May 12 low

PLAY will stay in a trading range between the May 12 low and the May 16 peak until July 6

Posted Using LeoFinance