NEST Protocol (CoinMarketCap: NESTUSD) has broken out of the triangle pattern in the line chart.
(Chart courtesy of CoinMarketCap.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, NEST began a red wave one advance on July 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 10 and the red wave two (blue sub-waves a-b-c) correction ended on November 5. If this wave count is correct, NEST should be heading next towards the August 10 peak in the red wave three.
(Chart courtesy of CoinMarketCap.com (log scale))
Funnymentals
NEST is a decentralized price oracle based on Ethereum. You can watch their intro video below.
How Will NEST Protocol Trade?
NEST Protocol (CoinMarketCap: NESTUSD) line chart by CoinMarketCap.
(Chart courtesy of CoinMarketCap.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.
NEST will takeout the August 10 peak
NEST will drop below the July 14 low
NEST will stay in a trading range between the July 14 low and the August 10 peak until December 20
NEST will stay in a trading range between the July 14 low and the August 10 peak until December 20
Correct. Upvoted your post:
https://blurt.world/blurtsport/@toofasteddie/progressive-failed-run
NEST will drop below the July 14 low