Crypto Contest August 25: Ndau
Ndau (Bittrex: NDAUUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, NDAU began a red wave one advance on May 1. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 30 and the red wave two (blue sub-waves a-b-c) correction ended on August 24. If this wave count is correct, NDAU should be heading next towards the July 30 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Ndau is an adaptive digital currency optimized for a long-term store of value with staking income and a goal of buoyancy. You can watch their intro video below.
(Sources: https://ndau.io/)How Will Ndau Trade?
Ndau (Bittrex: NDAUUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
NDAU will takeout the July 30 peak
NDAU will drop below the May 1 low
NDAU will stay in a trading range between the May 1 low and the July 30 peak until October 1
NDAU will takeout the July 30 peak
NDAU will takeout the July 30 peak
NDAU will stay in a trading range between the May 1 low and the July 30 peak until October 1
NDAU will stay in a trading range between the May 1 low and the July 30 peak until October 1
NDAU will stay in a trading range between the May 1 low and the July 30 peak until October 1
NDAU will stay in a trading range between the May 1 low and the July 30 peak until October 1
NDAU will stay in a trading range between the May 1 low and the July 30 peak until October 1
NDAU will drop below the May 1 low
Correct. Upvoted your comment:
https://steemit.com/steemleo/@melire/qzmetk
NDAU will stay in a trading range between the May 1 low and the July 30 peak until October 1
NDAU will drop below the May 1 low
Correct. Upvoted your comment:
https://steemit.com/steemleo/@gretna/qzmdgm