BitcoinDark has broken out of the triangle pattern in the four-hour chart.

https://s17.postimg.org/jeijk3mr3/nimet_n.png

(*Chart courtesy of Tradingview.com*)

In Elliott Wave terms, BitcoinDark began a wave one advance on April 27. The wave one (sub-waves i-v) finished on June 26, and the wave two (sub-waves a-b-c) correction ended on July 11. If this wave count is correct, BitcoinDark should be heading next towards the June 26 peak in the wave three.

https://s1.postimg.org/umi7a9bhb/nimet_n.png

(*Chart courtesy of Tradingview.com*)

Zooming out in the daily chart, I believe BitcoinDark is currently in the wave three (sub-wave iii).

https://s2.postimg.org/os4wwntsp/nimet_n.png

(*Chart courtesy of Tradingview.com*)

https://s17.postimg.org/7zbxkykfz/maarnio.png

If you think this analysis is correct, upvote this post and upvote the comment "BitcoinDark will takeout the June 26 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "BitcoinDark will drop below the April 27 low".

If you think BitcoinDark is in a range, upvote this post and upvote the comment "BitcoinDark will stay in a trading range between the April 27 low and the June 26 peak until August 29".

You can upvote the comment until 3 PM EST July 30 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.