Crypto Contest April 16: NYM

in #fbcrypto2 years ago

NYM (OKEx: 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 April 15. The red wave one peaked on April 15 and the red wave two (blue sub-waves a-b-c) correction ended on April 15. If this wave count is correct, NYM should be heading next towards the April 15 peak in the red wave three.

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

Funnymentals

Nym is the next generation of privacy, engineered by some of the world’s leading research scientists and developers at world-class universities Massachusetts Institute of Technology, KU Leuven and University College London. Altcoin Edge reviewed the project two months ago.

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

How Will NYM Trade?

NYM (OKEx: NYMUSDT) four-hour 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 April 15 peak

NYM will drop below the April 15 low

NYM will stay in a trading range between the April 15 low and the April 15 peak until May 23

Sort:  

NYM will drop below the April 15 low

NYM will drop below the April 15 low

NYM will takeout the April 15 peak

NYM will drop below the April 15 low

NYM will stay in a trading range between the April 15 low and the April 15 peak until May 23

NYM will takeout the April 15 peak

NYM will drop below the April 15 low

NYM will stay in a trading range between the April 15 low and the April 15 peak until May 23

NYM will stay in a trading range between the April 15 low and the April 15 peak until May 23

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