Time New Bank (Binance: TNBUSD) 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, Time New Bank began a wave one advance on February 6. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 8, and the red wave two (blue sub-waves a-b-c) correction ended on May 10. If this wave count is correct, Time New Bank should be heading next towards the April 8 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Time New Bank is a token that represents MiaoA International Timechain (M.I.T). That is dedicated to building a precision time-value based transmission network. Crypto Academy reviewed the token late last year.
(Sources: Time New Bank and YouTube)
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