Bibox Token (Huobi: BIXUSDT) 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, Bibox Token began a wave one advance on February 3. 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 10. If this wave count is correct, Bibox Token should be heading next towards the April 3 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Bibox is an AI-enhanced encrypted digital asset exchange. SMC Capital interviewed the co-founder earlier this year.
(Sources: Bibox Token and YouTube)
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