ABBC Coin (Bittrex: ABBCBTC) 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, ABBC began a wave one advance on March 1. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 14, and the red wave two (blue sub-waves a-b-c) correction ended on March 25. If this wave count is correct, ABBC should be heading next towards the March 14 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
ABBC Foundation describes itself as a blockchain solutions provider in the MENA region that targets distribution, finance, shopping, and security. You can watch their intro video below.
(Sources: https://abbccoin.com/)
How Will ABBC Coin Trade?
ABBC Coin (Bittrex: ABBCBTC) 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 and comment below.
ABBC will takeout the March 14 peak
ABBC will drop below the March 1 low
ABBC will stay in a trading range between the March 1 low and the March 14 peak until May 13
Posted via Steemleo
