Metronome (Bittrex: METUSD) 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, Metronome began a wave one advance on December 13, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 7 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 28. If this wave count is correct, Metronome should be heading next towards the January 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Metronome is focused on making greater decentralization possible and delivering institutional-class endurance. BlockWolf covered the token back in November 2018.
(Sources: Metronome and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Metronome will takeout the January 7 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Metronome will drop below the December 13, 2018 low".
If you think Metronome is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Metronome will stay in a trading range between the December 13, 2018 low and the January 7 peak until March 12".
(Chart courtesy of Tradingview.com (log scale))
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