SIX (Bittrex: SIXUSD) 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, SIX began a wave one advance on December 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 23, and the red wave two (blue sub-waves a-b-c) correction ended on December 26. If this wave count is correct, SIX should be heading next towards the December 23 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
SIX is a "better" way to bring liquidity to the creative industry. You can watch their intro video below.
(Sources: https://six.network/)How Will SIX Trade?
SIX (Bittrex: SIXUSD) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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