Crypto Contest November 20: NautilusCoin

in nautiluscoin •  8 years ago  (edited)

NautilusCoin has broken out of the four-hour wedge pattern.

(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe NautilusCoin has completed one cycle from the June 1 low. The five wave advance finished on the August 29, and the three wave correction ended on the November 16. If this wave count is correct, NautilusCoin should be heading next towards the August 29 peak.

(Chart courtesy of Tradingview.com)
Looking at the weekly chart, NautilusCoin is currently most likely in the wave three (sub-wave iii). The wave one started in the January 2015, and finished in the October 2015. The wave two correction ended on the June 1.

(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long NautilusCoin.

If you think this analysis is correct, upvote this post and upvote the comment "NautilusCoin will takeout the October 30 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "NautilusCoin will drop below the November 16 low".
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  ·  8 years ago (edited)

NautilusCoin will drop below the November 16 low (5 voters as of 3 PM EST November 21: me-tarzan, yefet, gregory-f, jamesbrown, anotherjoe).

You won.

  ·  8 years ago (edited)

NautilusCoin will takeout the October 30 peak (4 voters as of 3 PM EST November 21: twinner, landofcrypto, andre-ager, michaelcorleone).

NautilusCoin will takeout the October 30 peak

Please vote the first comment.

NautilusCoin will drop below the November 16 low