Crypto Contest April 1: Crypto.Com Chain

Crypto.com Chain (Bittrex: CROBTC) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, CRO began a wave one advance on March 7. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 15, and the red wave two (blue sub-waves a-b-c) correction could have ended today. If this wave count is correct, CRO should be heading next towards the March 15 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Crypto.com Chain is a native blockchain solution, which makes the transaction flows between crypto users and merchants accepting

About the author: Markus Aarnio

I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.