E-Gulden (EFLBTC) has broken out of the wedge pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, E-Gulden began a wave one leading diagonal advance in April 2014. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in November 2015, and the red wave two (blue sub-waves a-b-c) correction ended on August 21 this year. If this wave count is correct, E-Gulden should be heading next towards the November 2015 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
E-Gulden is cryptomoney by the Dutch, for the Netherlands. Paul Buitink interviewed Robert, Community Manager of Electronic Gulden, back in April 2014.
(Sources: https://e-gulden.org/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "E-Gulden will takeout the April 15 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "E-Gulden will drop below the August 21 low".
If you think E-Gulden is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "E-Gulden will stay in a trading range between the August 21 low and the April 15 peak until October 5".
(Chart courtesy of Tradingview.com (log scale))
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