Endor Protocol (Bittrex: EDRBTC) 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, EDR began a wave one advance on September 24. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 9, and the red wave two (blue sub-waves a-b-c) correction ended on October 15. If this wave count is correct, EDR should be heading next towards the October 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Endor Protocol offers automated predictions on encrypted data. You can read their latest development update here.
(Sources: https://www.endor.com/)
How Will Endor Protocol Trade?
Endor Protocol (Bittrex: EDRBTC) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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