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 (sub-waves i-v) finished on April 16, and the wave two (sub-waves abc) ended on April 25. If this wave count is correct, Nautiluscoin should be heading next towards the April 16 peak in the wave three.
(Chart courtesy of Tradingview.com)
You can find my longer term analysis on Nautiluscoin from here:
https://steemit.com/nautiluscoin/@maarnio/crypto-contest-january-17-nautiluscoin
If you think this analysis is correct, upvote this post and upvote the comment "Nautiluscoin will takeout the April 16 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 April 16 peak until May 26".
You can upvote the comment until 3 PM EST May 1 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.
