SwissBorg (HitBTC: CHSBETH) 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, CHSB began a wave one advance on July 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 7, and the red wave two (blue sub-waves a-b-c) correction ended on October 12. If this wave count is correct, CHSB should be heading next towards the September 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
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(Sources: https://swissborg.com/)How Will SwissBorg Trade?
SwissBorg (HitBTC: CHSBETH) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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