Crypto Contest April 14: Kcash

Kcash (Huobi: KCASHBTC) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Kcash began a wave one (blue sub-waves i-ii-iii-iv-v) advance on January 10. The red wave one finished on April 7, and the red wave two (blue sub-waves a-b-c) correction ended on April 11. If this wave count is correct, Kcash should be heading next towards the April 7 peak in the red wave three.

(Chart courtesy of (log scale))


Kcash is a safe and convenient digital wallet for blockchain assets. You can watch their introduction video below.

(Sources: Kcash and YouTube)

How can

About the author: Markus Aarnio
I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.

Add your Scripsio!

Join Scripsio and write what you write!

Be a part of the Scripsio community. Share what you have written.


No comments yet