EverGreenCoin (EGCBTC) 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, EverGreenCoin began a wave one leading diagonal advance in February 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in August 2017, and the red wave two (blue sub-waves a-b-c) correction ended on August 16 this year. If this wave count is correct, EverGreenCoin should be heading next towards the August 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Looking at the weekly chart, I believe EverGreenCoin is currently in the red wave three (blue sub-wave iii). The red wave three began in February 2017.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
EverGreenCoin is designed from the ground up to cultivate and nurture environmental green causes. You can view the official July news report below.
(Sources: https://evergreencoin.org/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "EverGreenCoin will takeout the April 2018 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "EverGreenCoin will drop below the February 2017 low".
If you think EverGreenCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "EverGreenCoin will stay in a trading range between the February 2017 low and the April 2018 peak until September 24".
(Chart courtesy of Tradingview.com (log scale))
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