NEXO: Trend Reversal?
SUMMARY
NEXO (NEXO/BTC) started its genesis as a correction as can be seen in the below chart. The WXYXZ (red) sequence shows to be complete. The first X wave patterned to be a symmetrical triangle. Note how the E wave of the triangle is at the top blue trendline. This usually has a propensity to decline and that's pretty much what happened. IF the final Z wave is complete, then a trend reversal could be in progress.
The reversal impulse is labeled in white. Thus far, waves 1 and 2 are complete and 3 is likely in progress. When including pattern, a rounded price formation seems to be taking place. Could this also morph into a Cup & Handle? I believe so.
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This post has been downvoted, it is a @flagtarget.
READ: Resteeming @haejin's 8th 9th and 10th post of the day as target to be flagged.
They resteem 3 of @haejin's posts a day, and we concentrate our efforts on removing the potential rewards from those three.
Then @flagfund pays "The Braves" who flag those 3 posts every day, as you can see their posts are doing quite well.
Instead of trying to sabotage Haejin's rewards with flags, wouldn't simply focusing on making good content of your own be a more productive way of trying to compete?
Hi @tmonkell, thanks for replying to me, I made a short video explaining the STEEM rewards pool and the function of downvoting to try and explain to people who don't understand the blockchain yet:
Coins mentioned in post:
Thanks my friend @haejin for always sharing this commercials that keeps making us laugh and staying off the stress of the day. Happy weekend my friend and do have the best weekend ever.
hey the content is good...you have good explaination and writing skills :-)
#cryptocurrency :-)
good
I wouldn't be any happier than I am right now, this was extremely worth the read
The NEXO team is awesome. I looked at their white paper when they were at ICO very carefully. Chose not to invest because of some things but they seem solid. I now regret that I didn't put some money in it at ICO. But the thing that sold me most on them is that they have a operating business that they are basing their token on. They have been in the space of lending for a while. It will keep going up. I even looked at the price it is right now (~20 cents) and might go grab some.