Nautiluscoin has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Nautiluscoin began a wave one advance on March 10. The wave one finished on May 11, and the wave two correction ended on May 27. If this wave count is correct, Nautiluscoin should be heading next towards the May 11 peak in the wave three.
(Chart courtesy of Tradingview.com)
Zooming out in the daily chart, I believe Nautiluscoin is currently in the wave three (sub-wave iii).
(Chart courtesy of Tradingview.com)
Looking at the weekly chart, Nautiluscoin is currently most likely in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Nautiluscoin will takeout the May 11 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Nautiluscoin will drop below the March 10 low".
If you think Nautiluscoin is in a range, upvote this post and upvote the comment "Nautiluscoin will stay in a trading range between the March 10 low and the May 11 peak until July 10".
You can upvote the comment until 3 PM EST June 11 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
Nautiluscoin will takeout the May 11 peak (19 voters as of 3 PM EST June 11: bleujay, otisbrown, coinmaker, gregory-f, simonjay, kooshikoo, soundmoney, ikilledcobain (did not vote main post), eirik, starline, daniel.dalo, cassidyandfranks, papascrubs, jznsamuel, skririm, poppy.poppers, andy23, igsamuel, nitromad).
Nautiluscoin will stay in a trading range between the March 10 low and the May 11 peak until July 10 (9 voters as of 3 PM EST June 11: enki, razorwave8, yefet, allyouneedtoknow, anotherjoe, abh12345, libert, damla, thatsweeneyguy).
You won.
Nautiluscoin will drop below the March 10 low (6 voters as of 3 PM EST June 11: me-tarzan, twinner, coolthings, ragnaros, sarasate, lig007).
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What A Technical observation. You must research it for a long time. But the bad news is that it's an only black lines to me. Thanks to you, now I know something.
Thank you Sarah. I have been reading charts for the past 20 years, but I am still not perfect. I hope you can learn something from them.
Live chart can be found here http://bit.ly/1e1EYJv
Up because of the rise in bitcoin and either will have an influence in pulling it up as well
These posts tell me one thing - there are so so many alt coins out there.
You are right, but still investors want more of them.
Love seeing posts from fellow traders.
Thanks Wolf Of Crypto. Have you seen The Wolf of Wall Street?
I may have been inspired by the movie. Thanks for joining the Wolf Pack.