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.
