Nano (Kraken: NANOUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, NANO began a red wave one advance in March 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in May 2021 and the red wave two (blue sub-waves a-b-c) correction ended this month. If this wave count is correct, NANO should be heading next towards the May 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Nano is eco-friendly digital money for the modern world. Crypto Market 360 reviewed the project 17 hours ago.
(Sources: https://nano.org/)
How Will Nano Trade?
Nano (Kraken: NANOUSD) 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.
NANO will takeout the May 7 peak
NANO will drop below the November 22 low
NANO will stay in a trading range between the November 22 low and the May 7 peak until December 31
