Crypto Contest June 22: HyperSpace

HyperSpace (Bittrex: AMPUSD) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, HyperSpace began a wave one advance in November 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, HyperSpace should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

HyperSpace offers community-owned spaces where members are rewarded for sharing content, and benefit from a daily allowance of AMP. You can

About the author: Markus Aarnio
I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.

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