Crypto Contest May 29: Themis

in blockchain •  4 months ago  (edited)

Themis (Huobi: GETBTC) 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, Themis began a wave one advance on February 21. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 5, and the red wave two (blue sub-waves a-b-c) correction ended on April 27. If this wave count is correct, Themis should be heading next towards the April 5 peak in the red wave three.

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

Funnymentals

Themis is a blockchain-based fair exchange system for digital currencies, providing a decentralised escrow service for digital currencies. You can read their latest bi-weekly report here.

(Sources: Themis and Medium)

How can I vote? Where is the contest?

You can vote by following this link.


Published by Maarnio
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https://mentormarket.io/cryptocurrencies/maarnio/crypto-contest-may-29-themis/

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