Breakout (BRKUSD) has broken out of the triangle pattern in the daily chart.
![nimetön.png](https://ipfs.busy.org/ipfs/QmbewtQ6jqC8LvfJ8JAv8j6hwmub91o5YfYcX68oo6HLCh)

(*Chart courtesy of Tradingview.com (log scale)*)

**Elliott Wave Analysis**

In Elliott Wave terms, Breakout began a wave one advance in December 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 8 this year, and the red wave two (blue sub-waves a-b-c) correction ended on July 1. If this wave count is correct, Breakout should be heading next towards the January 8 peak in the red wave three.
![nimetön2.png](https://ipfs.busy.org/ipfs/QmQiefjAqK9y9vHgo8PsTgU2Eg3aCj5r6hCNsym6zMaUA7)

(*Chart courtesy of Tradingview.com (log scale)*)

**Funnymentals**

One use case for Breakout Coin is planned by Breakout Gaming, a company specializing in online gaming. Cody Pavlak reviewed the coin back in January.

https://youtu.be/uAimsUfB9kw

(*Sources: http://www.breakoutcoin.com/ and [YouTube](https://youtu.be/uAimsUfB9kw)*)
![steemverify.png](https://ipfs.busy.org/ipfs/QmdAfzq4zLE9mrf92TnPADBptzixPXcJ68h8piptCZoCed)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Breakout will takeout the April 2018 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Breakout will drop below the July 2017 low".

If you think Breakout is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Breakout will stay in a trading range between the July 2017 low and the April 2018 peak until September 13".
![nimetön3.png](https://ipfs.busy.org/ipfs/QmTp1vLQf6LMkPppNGLepkr1HWuHUQUFq9njmhWyqtqhry)

(*Chart courtesy of Tradingview.com (log scale)*)

You can upvote the comment until 3 PM EST August 12 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).

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