Contentos (Binance: COSBTC) 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, Contentos began a wave one advance on August 5. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 8, and the red wave two (blue sub-waves a-b-c) correction ended on September 12. If this wave count is correct, Contentos should be heading next towards the August 8 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Contentos is a decentralized global content ecosystem. You can watch their intro video below.
(Sources: Contentos and YouTube)
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