Cryptocurrencies

Crypto Contest April 28: Medicalchain

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

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Medicalchain began a wave one advance on February 20. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 8, and the red wave two (blue sub-waves a-b-c) correction ended on April 27. If this wave count is correct, Medicalchain should be heading next towards the April 8 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Medicalchain uses blockchain technology to securely store health records and maintain a single version of the truth. You can view their intro video below.

(Sources: Medicalchain and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

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