EDUCare (Huobi: EKTBTC) 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, EDUCare began a wave one advance on March 22. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 5, and the red wave two (blue sub-waves a-b-c) correction ended on May 20. If this wave count is correct, EDUCare should be heading next towards the May 5 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
EDUCare is a public chain ecosystem based on multi-chain structure. The latest price surge could have been due to the following news.
(Sources: EDUCare and Twitter)
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