CRYPTO20 (HitBTC: C20ETH) has broken out of the triangle pattern in the weekly chart.
[](https://postimg.cc/G8wWByvQ)
(Chart courtesy of Tradingview.com (log scale))
**Elliott Wave Analysis**
In Elliott Wave terms, C20 began a wave one advance in July 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in November 2018, and the red wave two (blue sub-waves a-b-c) correction ended in October this year. If this wave count is correct, C20 should be heading next towards the November 2018 peak in the red wave three.
[](https://postimg.cc/rRWz1WHw)
(Chart courtesy of Tradingview.com (log scale))
**Funnymentals**
CRYPTO20 is a tokenized crypto index fund. You can watch their intro video below.
<iframe width="560" height="315" src="https://www.youtube.com/embed/7aSCj01i9C4" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: https://crypto20.com/en/)
**How Will CRYPTO20 Trade?**
CRYPTO20 (HitBTC: C20ETH) weekly chart by Tradingview.
[](https://postimg.cc/zHVWhVCd)
(Chart courtesy of Tradingview.com (log scale))
**Prizes**
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