Eminer (Huobi: EMUSDT) 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, EM began a wave one advance on December 28, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 2 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 6. If this wave count is correct, EM should be heading next towards the January 2 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Eminer is a blockchain financial service platform that integrates computing power services, financial services, circulation services, and information services. You can read their latest blog post here.
(Sources: https://eminer.pro/#/)
How Will Eminer Trade?
Eminer (Huobi: EMUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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