Crypto Contest April 28: Medicalchain

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

(Chart courtesy of (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 (log scale))


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.

Related posts

Bitcoin Technical Analysis: QUICK UPDATE


Cryptocurrency Relative Strength Analysis Report For Week Starting 7/7/19


BITCOIN – 10 May


Get involved!


No comments yet
Skip to toolbar