Crypto Contest September 11: Thunder Token
Thunder Token (Huobi: TTUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Thunder Token began a wave one advance on August 21. The red wave one finished on August 25, and the red wave two correction ended on August 29. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on September 4, and the red wave four (blue sub-waves a-b-c) correction ended on September 10. If this wave count is correct, Thunder Token should be heading next towards the September 4 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Thunder Token is EVM-compatible with throughput of 1,200+ TPS, sub-second confirmation times, and low gas costs. Boxmining reviewed the token back in April this year.
(Sources: ThunderCore and YouTube)
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