OneRoot Network (Bithumb: RNTKRW) has broken out of the triangle pattern in the four-hour chart.
[](https://postimg.cc/jL9nKyC3)
(Chart courtesy of Tradingview.com (log scale))
**Elliott Wave Analysis**
In Elliott Wave terms, RNT began a wave one advance on October 24. The red wave one finished on October 26, and the red wave two correction ended on the same day. The red wave three advance finished on October 28, and the red wave four correction ended on October 31. If this wave count is correct, RNT should be heading next towards the October 28 peak in the red wave five.
[](https://postimg.cc/G4WMBBgq)
(Chart courtesy of Tradingview.com (log scale))
**Funnymentals**
As a blockchain technology solution provider, OneRoot has developed a range of solutions, including R1 protocol, DDEX, DCEX, public chain and user terminals. You can watch their intro video below.
<iframe width="560" height="315" src="https://www.youtube.com/embed/jjYYdTGIDnw" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: https://www.oneroot.io/)
**How Will OneRoot Trade?**
OneRoot Network (Bithumb: RNTKRW) four-hour chart by Tradingview.
[](https://postimg.cc/9zPs6jFr)
(Chart courtesy of Tradingview.com (log scale))
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