Crypto Contest February 23: Nano

Crypto Contest February 23: Nano

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Nano (Binance: NANOUSD) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, NANO began a wave one advance on January 10. The red wave one finished on January 17, and the red wave two correction ended on January 24. The red wave three advance finished on February 15, and the red wave four correction ended on February 20. If this wave count is correct, NANO should be heading next towards the February 15 peak in the red wave five.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Nano describes itself as an open source, sustainable, and secure next-generation digital currency focused on removing perceived inefficiencies present in existing cryptocurrencies. Coin Bureau reviewed the project back in October 2019.

(Sources: https://nano.org/en)

How Will Nano Trade?

Nano (Binance: NANOUSD) 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.

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• NANO will takeout the February 15 peak

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• NANO will drop below the January 24 low

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• NANO will stay in a trading range between the January 24 low and the February 15 peak until March 29

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Answer the question at dpoll.xyz.