Viacoin has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Viacoin began a wave one advance on March 10. The wave one finished on April 19, and the wave two correction ended on May 11. The wave three advance finished on June 21, and the wave four correction ended on July 16. If this wave count is correct, Viacoin should be heading next towards the June 21 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Viacoin will takeout the June 21 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Viacoin will drop below the May 11 low".
If you think Viacoin is in a range, upvote this post and upvote the comment "Viacoin will stay in a trading range between the May 11 low and the June 21 peak until September 4".
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