Egretia (Huobi: EGTUSDT) 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, Egretia began a wave one advance on September 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 3, and the red wave two (blue sub-waves a-b-c) correction ended on October 16. If this wave count is correct, Egretia should be heading next towards the October 3 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Egretia is a HTML5 blockchain engine and platform. You can watch their intro video below.
(Sources: http://egretia.io/)How Will Egretia Trade?
Egretia (Huobi: EGTUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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