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Crypto Contest September 7: Nodle

maarnio

Published: 07 Sept 2022 › Updated: 07 Sept 2022Crypto Contest September 7: Nodle

Crypto Contest September 7: Nodle

Nodle (Huobi: NODLUSDT) 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, NODL began a red wave one advance on September 1. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 2 and the red wave two (blue sub-waves a-b-c) correction ended on September 6. If this wave count is correct, NODL should be heading next towards the September 2 peak in the red wave three.

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

Funnymentals

Nodle provides “last mile” support for IoT devices through connections to smartphones. Cryptopia reviewed the project one week ago.

(Sources: https://www.nodle.com/)

How Will Nodle Trade?

Nodle (Huobi: NODLUSDT) four-hour 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.

NODL will takeout the September 2 peak

NODL will drop below the September 1 low

NODL will stay in a trading range between the September 1 low and the September 2 peak until October 14

Leave Crypto Contest September 7: Nodle to:

Written by

I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.

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