Arbidex (Coinmarketcap: ABXUSD) has broken out of the triangle pattern in the line chart.
(Chart courtesy of Coinmarketcap.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Arbidex began a wave one advance on August 31, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 1, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on December 16, 2018. If this wave count is correct, Arbidex should be heading next towards the November 1, 2018 peak in the red wave three.
(Chart courtesy of Coinmarketcap.com (log scale))
Funnymentals
Arbidex compares the rates of сryptocurrency assets at multiple major exchanges and provides users with the best available rates in real time and with one interface. CryptoCoinShow interviewed Kamilia Arslanova, CEO of Arbidex, on December 24, 2018.
(Sources: Arbidex and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Arbidex will takeout the November 1, 2018 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Arbidex will drop below the August 31, 2018 low".
If you think Arbidex is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Arbidex will stay in a trading range between the August 31, 2018 low and the November 1, 2018 peak until February 6".
(Chart courtesy of Coinmarketcap.com (log scale))
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