Crypto Contest April 15: ChatCoin

ChatCoin (Huobi: CHATBTC) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of (log scale))

Elliott Wave Analysis

In Elliott Wave terms, ChatCoin began a wave one advance on December 7, 2018. The red wave one finished on December 14, and the red wave two correction ended on December 21. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on April 6 this year, and the red wave four correction ended on April 11. If this wave count is correct, ChatCoin should be heading next towards the April 6 peak in the red wave five.

(Chart courtesy of (log scale))


ChatCoin tokens made by the BIMP (blockchain-based chat protocol) protocol are widely supported in BIMP-based chat tools according to the whitepaper. They are targeting mainnet launch for June this year.

(Sources: ChatCoin and Roadmap)

How can I vote? Where is the contest?

You can vote by following this link.

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Markus Aarnio

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