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Crypto Contest March 18: Nosana

maarnio - 2024-03-18 13:32:30

Nosana (MEXC: NOSUSDT) has broken out of the triangle pattern in the four-hour chart.
https://i.postimg.cc/t4NtT4yH/Nimet-n.png
(Chart courtesy of Tradingview.com(log scale))


Elliott Wave Analysis


In Elliott Wave terms, NOS began a red wave one advance in October 2023. The red wave one peaked on December 8 and the red wave two correction ended on December 18. If this wave count is correct, NOS should be heading next towards the March 7 peak in the red wave three (blue sub-wave v).
https://i.postimg.cc/T3nL27VL/nimet-n2.png
(Chart courtesy of Tradingview.com(log scale))


Funnymentals


Nosana is revolutionizing GPU cloud computing by providing companies with more accessible and affordable compute power for running AI. Gerhard - Bitcoin Strategy reviewed the project three weeks ago.



(Sources: https://nosana.io/)


How Will Nosana Trade?


Nosana (MEXC: NOSUSDT) four-hour chart by Tradingview.
https://i.postimg.cc/ZK1zZ3h0/nimet-n3.png
(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


NOS will takeout the March 7 peak


NOS will drop below the March 5 low


NOS will stay in a trading range between the March 5 low and the March 7 peak until April 23