Crypto Contest October 28: NetMind Token

NetMind Token (Bitget: NMTUSDT) 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, NMT began a red wave one advance on September 8. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 24 and the red wave two (blue sub-waves a-b-c) correction ended on October 27. If this wave count is correct, NMT should be heading next towards the September 24 peak in the red wave three.

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

Funnymentals

NetMind Token is the native utility token of the NetMind Power platform, a decentralized computing network designed to harness idle GPU resources for AI and machine learning tasks. I Explain Crypto reviewed the project two months ago.

(Sources: https://power.netmind.ai/)

How Will NetMind Token Trade?

NetMind Token (Bitget: NMTUSDT) 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

NMT will takeout the September 24 peak

NMT will drop below the September 8 low

NMT will stay in a trading range between the September 8 low and the September 24 peak until December 3

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