TNC Coin (HitBTC: TNCBTC) 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, TNC began a red wave one advance on June 15. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 24, and the red wave two (blue sub-waves a-b-c) correction ended on August 23. If this wave count is correct, TNC should be heading next towards the June 24 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The TNC Coin is developed for two main purposes: (A) it will be used for the token swap process as part of the Crypto M&A, and (B) it will be part of an open-source network where gaming developers can fork and create TNC-20 standard gaming tokens by building gaming programs on the TNC mainnet. Dinis Guarda interviewed the founder back in May this year.
(Sources: https://tnccoin.com/)How Will TNC Coin Trade?
TNC Coin (HitBTC: TNCBTC) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
TNC will takeout the June 24 peak
TNC will drop below the June 15 low
TNC will stay in a trading range between the June 15 low and the June 24 peak until October 12