Crypto Contest January 20: PotCoin

PotCoin (Bittrex: POTUSD) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of (log scale))
Elliott Wave Analysis
In Elliott Wave terms, PotCoin began a wave one advance in January 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in November 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, PotCoin should be heading next towards the November 2017 peak in the red wave three.

(Chart courtesy of (log scale))
PotCoin is a digital currency for the cannabis industry and community. Cryptonomics covered the coin last year.

(Sources: PotCoin and YouTube)

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