Fantomcoin (FCNBTC) 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, Fantomcoin began a wave one leading diagonal advance in July 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in October 2016, and the red wave two (blue sub-waves a-b-c) correction ended in October 2017. If this wave count is correct, Fantomcoin should be heading next towards the October 2016 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Fantomcoin is merged mineable with Bytecoin (BCN), Monero (XMR), QuazarCoin (QCN), duckNote (duck) or any CryptoNight based coin. Millionaire Mindset Hub tried to mine the coin with MinerGate.
(Sources: http://fantomcoin.org/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Fantomcoin will takeout the October 2016 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Fantomcoin will drop below the October 2017 low".
If you think Fantomcoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Fantomcoin will stay in a trading range between the October 2017 low and the October 2016 peak until July 30".
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