Crypto Contest July 28: Abyss Token

Abyss Token (HitBTC: ABYSSBTC) 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, Abyss began a wave one advance on May 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 9, and the red wave two (blue sub-waves a-b-c) correction ended on July 21. If this wave count is correct, Abyss should be heading next towards the June 9 peak in the red wave three.

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

Funnymentals

The Abyss is a platform where gamers can play games, socialize and get rewarded. Journey to 100k reviewed the platform in May this year.

(Sources: Abyss Token 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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