Crypto Contest January 25: Augur

Augur (REP/EUR) has broken to the upside from the wedge pattern in the one-hour chart.

(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Augur began a wave one on December 6, 2016. The wave one finished on December 9, 2016, and the wave two correction ended on December 23, 2016. The wave three advance ended on January 5, and the wave four correction finished on January 12. I believe Augur is currently in the wave five, which should takeout the January 5 peak.

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

If you think this analysis is correct, upvote this post and upvote the comment "Augur will takeout the January 5 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Augur will drop below the December 6, 2016 low".
If you think Augur is in a range, upvote this post and upvote the comment "Augur will stay in a trading range between the December 6, 2016 low and the January 5 peak until February 22".
You can upvote the comment until 3 PM EST January 26 and you can upvote only one comment. 200% of Steem (2 X 0.474 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.