Creditcoin (Bittrex: CTCBTC) 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, CTC began a wave one advance on January 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 26, and the red wave two (blue sub-waves a-b-c) correction ended on February 2. If this wave count is correct, CTC should be heading next towards the January 26 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Creditcoin connects many blockchains to create a secure, transparent cryptocurrency lending market, that allows fundraisers and lenders to connect directly with one another. You can watch their intro video below.
(Sources: https://creditcoin.org/)How Will Creditcoin Trade?
Creditcoin (Bittrex: CTCBTC) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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