Holo (Binance: HOTETH) 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, Holo began a wave one advance on August 1. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 9, and the red wave two (blue sub-waves a-b-c) correction ended on November 20. If this wave count is correct, Holo should be heading next towards the September 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Holochain is creating an ecosystem of decentralized applications with distributed, user-controlled storage. You can watch their latest AMA below.
(Sources: https://holochain.org/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Holo will takeout the September 9 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Holo will drop below the August 1 low".
If you think Holo is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Holo will stay in a trading range between the August 1 low and the September 9 peak until January 13, 2019".
(Chart courtesy of Tradingview.com (log scale))
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