BORA (Bittrex: BORABTC) 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, BORA began a wave one advance on September 30. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 7, and the red wave two (blue sub-waves a-b-c) correction ended on October 12. If this wave count is correct, BORA should be heading next towards the October 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BORA connects your digital life to blockchain. You can watch their intro video below.
(Sources: https://island.boraecosystem.com/)How Will BORA Trade?
BORA (Bittrex: BORABTC) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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