Clams (Poloniex: CLAMBTC) has broken out of the wedge pattern in the weekly chart.
![nimetön.png](https://ipfs.busy.org/ipfs/QmRGhvLZDRgesbAPdJYD1P74qbr1vDgYG6W4cmbEjRKDN5)

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

**Elliott Wave Analysis**

In Elliott Wave terms, Clams began a wave one advance in October 2014. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in August 2015, and the red wave two (blue sub-waves a-b-c) correction ended in October this year. If this wave count is correct, Clams should be heading next towards the August 2015 peak in the red wave three.
![nimetön2.png](https://ipfs.busy.org/ipfs/QmRMv78T6o3NTNn3SSpNrsX6zu3FS53hx6T7qZ64oHssw2)

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

**Funnymentals**

Clams is a Proof-of-Stake coin. Bluehorseshoe has made an introduction video to Clams below.

https://youtu.be/_5aj0rr73p0

(*Sources: https://clamcoin.org/ and [YouTube](https://youtu.be/_5aj0rr73p0)*)
![steemverify.png](https://ipfs.busy.org/ipfs/QmdAfzq4zLE9mrf92TnPADBptzixPXcJ68h8piptCZoCed)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Clams will takeout the January peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Clams will drop below the October low".

If you think Clams is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Clams will stay in a trading range between the October low and the January peak until January 19, 2019".
![nimetön3.png](https://ipfs.busy.org/ipfs/QmRyXKzdBbcZPC5asPgbRQiezVd7f1x4nAk5bWe5SgmjVv)

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

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