ThingsOperatingSystem (Huobi: TOSBTC) has broken out of the triangle pattern in the one-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, TOS began a wave one advance on August 9. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 24, and the red wave two (blue sub-waves a-b-c) correction could have ended today. If this wave count is correct, TOS should be heading next towards the August 24 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
TOS chain is a decentralization layered block network technology based on SDAG for the IOT. You can watch their intro video below.
(Sources: ThingsOperatingSystem and YouTube)
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