Gulden (Bittrex: NLGUSD) 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, Gulden began a wave one advance in June 2014. The red wave one finished in September 2014, and the red wave two correction ended in August 2015. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished in January 2018, and the red wave four (blue sub-waves a-b-c) correction ended in February this year. If this wave count is correct, Gulden should be heading next towards the January 2018 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Gulden develops a safe and efficient blockchain that is applicable in society, now and in the future. You can check some of their facts below.
(Sources: Gulden)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) “Gulden will takeout the October 2018 peak”.
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) “Gulden will drop below the February 2019 low”.
If you think Gulden is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “Gulden will stay in a trading range between the February 2019 low and the October 2018 peak until April 18”.
(Chart courtesy of Tradingview.com (log scale))
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