Blox (CDTBTC) 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, Blox began a wave one advance on March 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 2, and the red wave two (blue sub-waves a-b-c) correction ended on June 13. If this wave count is correct, Blox should be heading next towards the May 2 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Looking at the weekly chart, I believe Blox is currently in the red wave three (blue sub-wave iii). The red wave three began on March 18.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Blox is a platform for portfolio tracking and blockchain asset management. Crypto Bros reviewed the token on May 31.
(Sources: https://blox.io/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Blox will takeout the May 2 peak".
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If you think Blox is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Blox will stay in a trading range between the March 18 low and the May 2 peak until July 24".
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