TTC (Bittrex: TTCBTC) has broken out of the triangle pattern in the one-hour chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, TTC began a wave one advance on August 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 24, and the red wave two (blue sub-waves a-b-c) correction ended on August 26. If this wave count is correct, TTC should be heading next towards the August 24 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

TTC is a public blockchain that aims to be fit for mass adoption by providing improved performance, scalability, and security. You can watch their intro video below.

https://youtu.be/CXROLd49qNc

(Sources: TTC and YouTube)

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Published by Maarnio

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with SteemPresshttps://mentormarket.io/cryptocurrencies/maarnio/crypto-contest-august-28-ttc/