All Sports (Huobi: SOCBTC) has broken out of the wedge pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, All Sports began a wave one advance on December 20, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 10 this year, and the red wave two (blue sub-waves a-b-c) correction ended on April 26. If this wave count is correct, All Sports should be heading next towards the April 10 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
SOC is a digitally-encrypted virtual currency based on blockchain and smart contract technology that is tailored to sporting contents, community-based incentives and spending on different scenarios according to the white paper. You can read their latest bi-weekly report here.
(Sources: All Sports and Medium)
How can I vote? Where is the contest?
You can vote by following this link.
Get involved!
Comments