adToken (ADTBTC) 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, adToken began a wave one advance on December 8, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 27 this year, and the red wave two (blue sub-waves a-b-c) correction ended on June 30. If this wave count is correct, adToken should be heading next towards the January 27 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
adToken is a blockchain based protocol for the advertising industry. Crypto Clarify covered the token on April 3.
(Sources: https://adtoken.com/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "adToken will takeout the January 27 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "adToken will drop below the June 30 low".
If you think adToken is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "adToken will stay in a trading range between the June 30 low and the January 27 peak until August 28".
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