Chart of the Day: NEXO
NEXO is one of a handful of cryptos that may have a bottom pattern. We have 5 waves off its low as shown. Although it appears we can get another nano high for the fifth of the wave marketd (v), at about 18 cents. Once this move is complete, we'd expect a three wave retrace to somewhere between 7 and 9 cents. 5.4 cents is still bullish, but less ideal. Provided this one holds support, I expect a nice swing trade to come our way as shown with a target of $1.18 as reasonable.
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I have read your post. And I am very proud of the struggle that you are doing, and I also support what you are doing.
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Hi Ryan, Could you give us an update on STEEM? So does these charts all point out we're getting a drop till late november? So Then it would be interesting to wait some more to buy more STEEM. How big is the chanse we're going up in cryptomarket instead of going down now? Seems likes the end of a correction keeps shifting to a later and later date.
I bought a place on your tradingchannel before, because of some troubles (illness etc..) I was obligated to cash some crypto out and stop the subscription temporarly. As soon as possible I'll be a member of elliotwavetrader.net again since I don't want to miss out the opportunity to make some nice trades when price goes to 10-17$ and goes back down to 2-4$. That will be a nice trade. For all who read this, subscibe on that platform, that team is very good! @wildtrader , a chart for us on STEEM would be much appreciated!
I'll update STEEM when I have time to post but wherever my last post is, I still see that playing out. I see most coins needing more downside. I don't have timing in my models so not sure on November. I use price not time.
I just posted an update @brothermic
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