Viacoin has broken out of the wedge pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Viacoin began a wave one advance in June 2016. The wave one finished in October 2016, and the wave two correction ended on March 10 this year. The wave three advance finished on April 19, and the wave four correction ended on May 1. If this wave count is correct, Viacoin should be heading next towards the April 19 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 April 19 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Viacoin will drop below the March 10 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 March 10 low and the April 19 peak until June 1".
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