Crypto Contest January 7: Ardor

Ardor has broken out of the wedge pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Ardor began a wave one advance on December 31, 2016. The wave one ended on January 1, and a wave two correction finished on January 3. A wave three advance ended on January 7, and a wave four correction could have finished today at 0.000011550.

(Chart courtesy of Tradingview.com)
Looking at the two-hour chart, I believe Ardor is currently in the wave three (sub-wave v). The wave one started on December 28, 2016, and finished at 0.000012000 on the same day. A wave two correction ended on December 31.

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

If you think this analysis is correct, upvote this post and upvote the comment "Ardor will takeout the December 10, 2016 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Ardor will drop below the December 28, 2016 low".
If you think Ardor is in a range, upvote this post and upvote the comment "Ardor will stay in a trading range between the December 28, 2016 low and the December 10, 2016 peak until February 4".
You can upvote the comment until 3 PM EST January 8 and you can upvote only one comment. 200% of Steem (2 X 0.211 STEEM) 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.