CoinPoker (HitBTC: CHPETH) 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, CHP began a wave one advance in February. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in April, and the red wave two (blue sub-waves a-b-c) correction could have ended this month. If this wave count is correct, CHP should be heading next towards the April peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
CoinPoker is decentralized poker powered by cryptocurrency. You can watch their intro video below.
(Sources: https://coinpoker.com/#about)How Will CoinPoker Trade?
CoinPoker (HitBTC: CHPETH) weekly chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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