Crypto Contest March 11: BitcoinHD

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·@maarnio·
0.000 HBD
Crypto Contest March 11: BitcoinHD
BitcoinHD (Huobi: BHDBTC) has broken out of the triangle pattern in the daily chart.
https://i.postimg.cc/Df5kYPm6/nimet-n.png
(Chart courtesy of Tradingview.com (log scale))

**Elliott Wave Analysis**

In Elliott Wave terms, BHD began a wave one advance on January 15. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 26, and the red wave two (blue sub-waves a-b-c) correction ended on February 17. If this wave count is correct, BHD should be heading next towards the January 26 peak in the red wave three.
https://i.postimg.cc/pVm4qMbW/nimet-n2.png
(Chart courtesy of Tradingview.com (log scale))

**Funnymentals**

BitcoinHD uses an upgraded version of cPOC mining (Conditioned Proof of Capacity). You can watch their intro video below.
<iframe width="560" height="315" src="https://www.youtube.com/embed/bIgFtqOJuEc" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: http://www.btchd.org/)



**How Will BitcoinHD Trade?**

BitcoinHD (Huobi: BHDBTC) daily chart by Tradingview.
https://i.postimg.cc/WpSKNpGw/nimet-n3.png
(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.

BHD will takeout the January 26 peak

BHD will drop below the January 15 low

BHD will stay in a trading range between the January 15 low and the January 26 peak until April 14

Posted via <a href="https://steemleo.com/">Steemleo</a>
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