Alphacat (HitBTC: ACATUSDT) 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, Alphacat began a wave one advance on February 11. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 27, and the red wave two (blue sub-waves a-b-c) correction ended on September 13. If this wave count is correct, Alphacat should be heading next towards the June 27 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Alphacat is a marketplace for simple-to-use robo-advisors focused on cryptocurrency investment. You can watch their intro video below.
(Sources: https://www.alphacat.io/)How Will Alphacat Trade?
Alphacat (HitBTC: ACATUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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