Cryptocurrencies

Crypto Contest August 22: Chromia

Chromia (Bittrex: CHRBTC) 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, Chromia began a wave one advance on August 8. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 15, and the red wave two (blue sub-waves a-b-c) correction ended on August 20. If this wave count is correct, Chromia should be heading next towards the August 15 peak in the red wave three.

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

Funnymentals

Chromia is a relational blockchain platform designed to enable a new generation of dapps to scale beyond what is currently possible. You can watch their intro video below.

(Sources: Chromia and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

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