Boolberry has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Boolberry began a five wave advance on March 2. The wave five finished on March 28, and the three wave correction ended on April 7. If this wave count is correct, Boolberry should be heading next towards the March 28 peak.
(Chart courtesy of Tradingview.com)
Looking at the daily chart, Boolberry could be currently in the wave three (sub-wave iii). The wave one began on December 22, 2016, and finished on February 4 this year. The wave two correction ended on March 2.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Boolberry will takeout the March 28 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Boolberry will drop below the March 2 low".
If you think Boolberry is in a range, upvote this post and upvote the comment "Boolberry will stay in a trading range between the March 2 low and the March 28 peak until May 5".
You can upvote the comment until 3 PM EST April 11 and you can upvote only one comment. 200% of Steem 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.
