Crypto Contest June 3: BitKan
BitKan (Huobi: KANBTC) 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, BitKan began a wave one advance on February 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 3, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, BitKan should be heading next towards the April 3 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BitKan is a cryptocurrency data and blockchain community service provider. They launched BitKan Smart Trade back in April.
How can I vote? Where is the contest?
You can vote by following this link.
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