Elrond (Binance: ERDUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Elrond began a wave one advance on July 4. The red wave one finished on July 4, and the red wave two correction ended on July 11. If this wave count is correct, Elrond should be heading next towards the July 4 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
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