Crypto Contest July 25: Maecenas

Maecenas (Bittrex: ARTBTC) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Maecenas began a wave one advance on May 12. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 18, and the red wave two (blue sub-waves a-b-c) correction ended on June 30. If this wave count is correct, Maecenas should be heading next towards the May 18 peak in the red wave three.

(Chart courtesy of (log scale))


Maecenas is a decentralised art gallery auction market, aimed to democratise access to fine art. You can watch their presentation below.

(Sources: Maecenas and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

About the author: TIMM Trader
Uniting Experts & Novices for Mutual Profit!

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