Lunyr (Bittrex: LUNBTC) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Lunyr began a wave one advance in December 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in September 2018. If this wave count is correct, Lunyr should be heading next towards the January 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Lunyr is an Ethereum-based decentralized crowdsourced encyclopedia which rewards users with app tokens for peer-reviewing and contributing information. CodeXpert reviewed the platform last year.
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) “Lunyr will takeout the January peak”.
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If you think Lunyr is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “Lunyr will stay in a trading range between the January low and the January peak until March 25”.
(Chart courtesy of Tradingview.com (log scale))
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