CRYPTO20 (HitBTC: C20ETH) 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, C20 began a wave one advance in July 2018. 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 October this year. If this wave count is correct, C20 should be heading next towards the November 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
CRYPTO20 is a tokenized crypto index fund. You can watch their intro video below.
(Sources: https://crypto20.com/en/)How Will CRYPTO20 Trade?
CRYPTO20 (HitBTC: C20ETH) weekly chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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