Cryptocurrencies

Crypto Contest June 3: BitKan

BitKan (Huobi: KANBTC) 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, BitKan began a wave one advance on February 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 3, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, BitKan should be heading next towards the April 3 peak in the red wave three.

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

Funnymentals

BitKan is a cryptocurrency data and blockchain community service provider. They launched BitKan Smart Trade back in April.

(Sources: BitKan and Twitter)

How can I vote? Where is the contest?

You can vote by following this link.

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