Crypto Contest August 25: Ndau

in #steemleo3 years ago

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

Sort:  

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

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

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