NXT Technical Analysis: Correction into May

in #nxt7 years ago

SUMMARY

Even the ArchAngel's couldn't fly so vertical as had NXT in its impulse of five waves up. The chart shows NXT (NXT/USD) with a mighty extended 5th wave. The subsequent decline was faster than the fall Icarus must have had. You see, every vertical move gets burnt by the "Sun"; a.k.a. greed.

The correction is projected to be wide in time. The correction has already shown to be complex as labeled by wxyxz. the subwave of the final Z wave show the correction to head towards May. The price pattern is depicted to be the common rounded price bottom and the excitement of building the right side of the wall won't likely be until May or so. However, once the next round of impulse up occurs....do you think it'll be slow or quick/vertical?

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--

Sort:  

further correction means further fall in price

HaejinPostBonus.png

Haejin, can you do an analysis on dildo coin next?!?!?!?!

He will look into that tomorrow. He is all out of posts today. @RanchoRelaxo has no more votes left for today.

Make sure you downvote all of @Haejin's scammy post!!!

Screenshot (85)_LI.jpg


EARN MORE MONEY ON STEEMIT BY DOWNVOTING @HAEJIN VISIT @FLAGAWHALE FOR MORE DETAILS

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 115.01 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

Congratulations @haejin, this post is the sixth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 40 and the total pending payments to posts in these categories was $1882.89. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

I can't see beyond a further fall in this correction