Node Distinction
If a reference direction from one side of the plane of reference to the other is defined, the two nodes can be distinguished. For geocentric and heliocentric orbits, the ascending node (or north node) is where the orbiting object moves north through the plane of reference, and the descending node (or south node) is where it moves south through the plane. In the case of objects outside the Solar System, the ascending node is the node where the orbiting secondary passes away from the observer, and the descending node is the node where it moves towards the observer., p. 137.
The position of the node may be used as one of a set of parameters, called orbital elements, which describe the orbit. This is done by specifying the longitude of the ascending node (or, sometimes, the longitude of the node.)
The line of nodes is the intersection of the object's orbital plane with the plane of reference. It passes through the two nodes.
Read more about this topic: Orbital Node
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