Crypto Contest November 30: NYM

in #fbcrypto3 years ago

NYM (OKX: NYMUSDT) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, NYM began a red wave one advance on October 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 12 and the red wave two (blue sub-waves a-b-c) correction ended on November 18. If this wave count is correct, NYM should be heading next towards the November 12 peak in the red wave three.

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

Funnymentals

Nym protects communication patterns, IP addresses and metadata for end-users, enterprise and infrastructure operators. Crypto Lush reviewed the project one month ago.

(Sources: https://nymtech.net/)

How Will NYM Trade?

NYM (OKX: NYMUSDT) daily chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below

NYM will takeout the November 12 peak

NYM will drop below the October 11 low

NYM will stay in a trading range between the October 11 low and the November 12 peak until January 5, 2024

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NYM will stay in a trading range between the October 11 low and the November 12 peak until January 5, 2024

NYM will drop below the October 11 low

NYM will stay in a trading range between the October 11 low and the November 12 peak until January 5, 2024

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NYM will stay in a trading range between the October 11 low and the November 12 peak until January 5, 2024

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