Crypto Contest February 5: Metronome

Metronome (Bittrex: METUSD) 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, Metronome began a wave one advance on December 13, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 7 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 28. If this wave count is correct, Metronome should be heading next towards the January 7 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Metronome is focused on making greater decentralization possible and delivering institutional-class endurance. BlockWolf covered the token back in

About the author: Markus Aarnio

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