LockTrip (HitBTC: LOCBTC) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, LOC began a wave one advance in December 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in November 2018, and the red wave two (blue sub-waves a-b-c) correction ended in June this year. If this wave count is correct, LOC should be heading next towards the November 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
LockTrip is a blockchain powered travel marketplace. You can watch their intro video below.
(Sources: https://locktrip.com/)How Will LockTrip Trade?
LockTrip (HitBTC: LOCBTC) weekly chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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