NAOS Finance (Gate.io: NAOSUSDT) 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, NAOS began a red wave one advance on June 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 17 and the red wave two (blue sub-waves a-b-c) correction ended on July 26. If this wave count is correct, NAOS should be heading next towards the July 17 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
NAOS Finance facilitates DeFi lenders and SME borrowers to allow both parties to interact in a permission-less manner on the blockchain. You can watch their tutorial video below.
(Sources: https://naos.finance/)
How Will NAOS Finance Trade?
NAOS Finance (Gate.io: NAOSUSDT) 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.
NAOS will takeout the July 17 peak
NAOS will drop below the June 18 low
NAOS will stay in a trading range between the June 18 low and the July 17 peak until September 17