Nimiq (KuCoin: NIMBTC) 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, NIM began a red wave one advance on May 23. The red wave one finished on May 26, and the red wave two correction ended on May 31. The red wave three advance finished on June 10, and the red wave four correction ended on June 14. If this wave count is correct, NIM should be heading next towards the June 10 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the weekly chart, I believe NIM is currently in the red wave three. The red wave three began on May 23.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Nimiq is a browser-based blockchain designed for simplicity. Coin Bureau reviewed the project late last year.
(Sources: https://www.nimiq.com/)How Will Nimiq Trade?
Nimiq (KuCoin: NIMBTC) 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 and comment below.
NIM will takeout the June 10 peak
NIM will drop below the May 31 low
NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
NIM will takeout the June 10 peak
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@novelcoronavirus/qcobc0
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NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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NIM will takeout the June 10 peak
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@nazonyan/qcn1s1
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NIM will takeout the June 10 peak
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@reklam/qcokps
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NIM will drop below the May 31 low
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NIM will takeout the June 10 peak
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@bozdag/qcmfjp
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NIM will drop below the May 31 low
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Submit
NIM will takeout the June 10 peak
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Correct. Upvoted your post:
https://steemit.com/cn/@bitandi/umzug-beendet
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NIM will drop below the May 31 low
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Submit
NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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Submit
NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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Submit
NIM will takeout the June 10 peak
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@koskl/re-maarnio-qcjxhe
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NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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Submit
NIM will takeout the June 10 peak
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Correct. Upvoted your post:
https://steemit.com/cryptocurrency/@colon2018/cryptocurrency
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NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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Congratulations @eii, you successfuly trended the post shared by @maarnio!
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NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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Submit
NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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Submit
NIM will takeout the June 10 peak
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@m29/qcn642
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NIM will drop below the May 31 low
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Submit
NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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Submit
NIM will takeout the June 10 peak
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@coruna/qcmgzz
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NIM sacará el pico del 10 de junio
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Correct. Upvoted your comment:
https://steemit.com/blockchain/@siomara-2018/qcqu0k
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NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
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Submit
NIM will drop below the May 31 low
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Congratulations @maarnio, your post successfully recieved 0.04550175 TRDO from below listed TRENDO callers:
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
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NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
NIM will stay in a trading range between the May 31 low and the June 10 peak until July 21
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
NIM will takeout the June 10 peak
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Submit
Correct. Upvoted your comment:
https://steemit.com/blockchain/@faki/qcpsco
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