Cryptocurrencies

Crypto Contest August 19: MyToken

MyToken (Huobi: MTBTC) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, MyToken began a wave one advance on July 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 31, and the red wave two (blue sub-waves a-b-c) correction ended on August 18. If this wave count is correct, MyToken should be heading next towards the July 31 peak in the red wave three.

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

Funnymentals

MyToken is a one-stop crypto platform that provides global cryptocurrency, real-time tickers, chart, data analysis such as ranking, ratings, wallet and global industry news. You can watch their intro video below.

(Sources: MyToken and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

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