PolySwarm (HitBTC: NCTUSDT) 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, PolySwarm began a wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in April this year, and the red wave two (blue sub-waves a-b-c) correction ended in August. If this wave count is correct, PolySwarm should be heading next towards the April peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
PolySwarm is a decentralized marketplace where security experts build anti-malware engines that compete to protect you. You can watch their intro video below.
(Sources: https://polyswarm.io/)How Will PolySwarm Trade?
PolySwarm (HitBTC: NCTUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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