NKN (Bittrex: NKNBTC) 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, NKN began a wave one leading diagonal advance on February 9. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 24, and the red wave two (blue sub-waves a-b-c) correction ended on April 11. If this wave count is correct, NKN should be heading next towards the March 24 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
NKN is a network connectivity protocol & ecosystem powered by blockchain for an open, decentralized, and shared Internet. NKN CTO, Dr. Yilun Zhang gave a presentation about million-node consensus in January 2019.
How can I vote? Where is the contest?
You can vote by following this link.
Argh, trading range 😎
Hi, @maarnio!
You just got a 0.32% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
Takeout
Hi @maarnio!
Your UA account score is currently 4.868 which ranks you at #1314 across all Steem accounts.
Your rank has dropped 2 places in the last three days (old rank 1312).Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
In our last Algorithmic Curation Round, consisting of 236 contributions, your post is ranked at #46.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server