Crypto Contest April 4: ExclusiveCoin

ExclusiveCoin (Bittrex: EXCLUSD) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, ExclusiveCoin began a wave one advance in June 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in February this year. If this wave count is correct, ExclusiveCoin should be heading next towards the December 2017 peak in the red wave three.

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

Funnymentals

ExclusiveCoin is a Proof-of-Stake coin with masternodes. You can view the masternode stats here.

(Sources: ExclusiveCoin and Masternode)

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

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