Xaurum (HitBTC: XAURETH) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Xaurum began a wave one advance in May 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2018, and the red wave two (blue sub-waves a-b-c) correction ended in June this year. If this wave count is correct, Xaurum should be heading next towards the December 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Xaurum is a digital asset with a continuously growing gold base. You can watch their intro video below.
(Sources: https://www.xaurum.org)How Will Xaurum Trade?
Xaurum (HitBTC: XAURETH) weekly chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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