Crypterium (HitBTC: CRPTUSDT) 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, Crypterium began a wave one advance on May 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 13, and the red wave two (blue sub-waves a-b-c) correction ended on August 6. If this wave count is correct, Crypterium should be heading next towards the July 13 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the weekly chart, I believe Crypterium is currently in the red wave three (blue sub-wave iii). The red wave three began on May 14.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Crypterium is building a mobile app that lets users spend cryptocurrency in everyday life. You can watch their July livestream below.
(Sources: Crypterium and YouTube)
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