ContentBox (Huobi: BOXBTC) 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, ContentBox began a wave one advance on January 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 2, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, ContentBox should be heading next towards the April 2 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
ContentBox is empowering a decentralized digital content ecosystem. You can watch their intro video below.
(Sources: ContentBox and YouTube)
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