Crypto Contest January 25: TransferCoin

TransferCoin (Bittrex: TXBTC) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of (log scale))
Elliott Wave Analysis
In Elliott Wave terms, TransferCoin began a wave one advance in September  2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in October 2017, and the red wave two (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, TransferCoin should be heading next towards the October 2017 peak in the red wave three.

(Chart courtesy of (log scale))
TransferCoin is a cryptocurrency with masternodes. You can view the masternode stats below.

(Sources: TransferCoin and MasterNodes)

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