GeoCoin (Bittrex: GEOUSD) 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, GeoCoin began a wave one advance in August 2015. 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 February this year. If this wave count is correct, GeoCoin should be heading next towards the January 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
You can collect GeoCoin just by going to a location on the surface of the earth. More details in the video below.
(Sources: GeoCoin and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) “GeoCoin 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) “GeoCoin will drop below the February 2019 low”.
If you think GeoCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “GeoCoin will stay in a trading range between the February 2019 low and the October 2018 peak until April 8”.
(Chart courtesy of Tradingview.com (log scale))
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