2GIVE (2GIVEBTC) 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, 2GIVE began a wave one leading diagonal advance in May 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January this year, and the red wave two (blue sub-waves a-b-c) correction ended on August 14. If this wave count is correct, 2GIVE should be heading next towards the January peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
2GIVE is a blockchain based social tipping platform supporting charitable giving. 2GIVE is a hybrid cryptocurrency 5% POS / 1% POW.
(Sources: https://2give.info/)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "2GIVE will takeout the April 2018 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "2GIVE will drop below the November 2017 low".
If you think 2GIVE is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "2GIVE will stay in a trading range between the November 2017 low and the April 2018 peak until September 29".
(Chart courtesy of Tradingview.com (log scale))
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