SpaceChain (Bittrex: SPCUSD) 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, SPC began a wave one advance on November 23, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 10, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on January 13 this year. If this wave count is correct, SPC should be heading next towards the December 10, 2019 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
SpaceChain is bringing blockchain & space together to create opportunities in both fields. You can read their latest weekly report here.
(Sources: https://spacechain.com/)
How Will SpaceChain Trade?
SpaceChain (Bittrex: SPCUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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