adToken (ADTUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com)
Elliott Wave Analysis
In Elliott Wave terms, adToken began a wave one advance on July 16. The wave one finished on August 12, and the wave two correction ended on October 24. If this wave count is correct, adToken should be heading next towards the August 12 peak in the wave three.
(Chart courtesy of Tradingview.com)
One can see the blue sub-waves better in the line chart.
(Chart courtesy of Tradingview.com)
Funnymentals
adToken is described as:
adChain is a browser agnostic Ethereum based solution for digital advertising that seamlessly integrates with pre-existing RTB and programmatic industry standards.
(Source: https://adtoken.com/)
If you think this analysis is correct, upvote this post and upvote the comment "adToken will takeout the August 12 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "adToken will drop below the July 16 low".
If you think adToken is in a range, upvote this post and upvote the comment "adToken will stay in a trading range between the July 16 low and the August 12 peak until December 2".
You can upvote the comment until 3 AM EST November 2 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
adToken will stay in a trading range between the July 16 low and the August 12 peak until December 2.
not sure if more peaks with $BTC megabull these days... voting for ranges
We went already below the July 16 low.
adToken will takeout the August 12 peak.
adToken will drop below the July 16 low (16 voters as of 3 AM EST November 2: ace108, gregory-f, starline, lasper, gunsmithing, andy23, wallsnow, heidelbaer, kingslayer, gergi6a, greatgatsby, angrybird, exfactor, elice, mandiamandi, sharychery).
You won.
img credz: pixabay.com
Nice, you got a 2.0% @minnowbooster upgoat, thanks to @maarnio
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The @OriginalWorks bot has determined this post by @maarnio to be original material and upvoted(2%) it!
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Thank you for your posts, I always look forward to your introductions of new tokens.
Peace and Prosperity to you and yours Maarnio!
Thank you Sally.
thankss again @maarnio
Thank you orelmely.
well it has some big news coming today..my views today again they reach the heights
Indorse?
breaking the trendlines seems to promise some future potential! gonna keep a close eye on adtoken, thanks!