Crypto Contest March 31: Project Pai

Project Pai (Huobi: PAIUSDT) 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, Pai began a wave one advance on February 8. The red wave one finished on February 24, and the red wave two correction ended on February 26. The red wave three advance finished on March 9, and the red wave four correction ended on March 17. If this wave count is correct, Pai should be heading next towards the March 9 peak in the red wave five.

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

Funnymentals

Project Pai is founded on

About the author: Markus Aarnio

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