Crypto Contest May 8: DeepBrain Chain

DeepBrain Chain (Huobi: DBCBTC) 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, DeepBrain Chain began a wave one advance on March 8. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 3, and the red wave two (blue sub-waves a-b-c) correction ended on May 5. If this wave count is correct, DeepBrain Chain should be heading next towards the April 3 peak in the red wave three.

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

Funnymentals

DeepBrain Chain has developed a decentralized, low-cost and privacy-protecting AI computing platform with a full range of related

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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