BenePit Protocol (Bithumb: BNPKRW) 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, BNP began a wave one advance on February 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 22, and the red wave two (blue sub-waves a-b-c) correction ended on February 26. If this wave count is correct, BNP should be heading next towards the February 22 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BenePit Protocol is a blockchain-based reward advertising platform that records the phone users' data. You can watch their intro video below.
(Sources: https://benepit.io/front_en.php)How Will BenePit Protocol Trade?
BenePit Protocol (Bithumb: BNPKRW) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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