ARPA Chain (Huobi: ARPABTC) 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, ARPA began a wave one advance on October 11. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 17, and the red wave two (blue sub-waves a-b-c) correction ended on October 26. If this wave count is correct, ARPA should be heading next towards the October 17 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
ARPA is a privacy-preserving computation solution for blockchains and enterprises. BlockchainBrad interviewed the co-founder earlier this year.
(Sources: https://arpachain.io/)How Will ARPA Chain Trade?
ARPA Chain (Huobi: ARPABTC) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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