BnkToTheFuture (BFTUSD) 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, BnkToTheFuture began a wave one advance on April 7. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 5, and the red wave two (blue sub-waves a-b-c) correction ended on May 25. If this wave count is correct, BnkToTheFuture should be heading next towards the May 5 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BnkToTheFuture is a global online investment platform that brings financial innovation & technology investment opportunities to investors. Simon Dixon and BnkToTheFuture.com held the very first Ask Me Anything Live Q&A earlier this month.
(Sources: BnkToTheFuture and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "BnkToTheFuture will takeout the May 5 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "BnkToTheFuture will drop below the April 7 low".
If you think BnkToTheFuture is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "BnkToTheFuture will stay in a trading range between the April 7 low and the May 5 peak until July 5".
You can upvote the comment until 3 PM EST June 2 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
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