What's next for NXT? Its Bull Run ISN'T DONE YET!!!

in #bitcoin7 years ago

SUMMARY

I had recommended NXT when it was $0.08 with a target of $0.24 which was clearly well exceeded! Look, if you're gonna be wrong, it's better to be wrong on the upside! LOL!

The below chart is a larger degree of trend wave perspective (notice how I don't say a longer term). The wave iii contained an extended 5th subwave and this is what's causing such a deep retrace for wave iv. However, this correction too shall end and since the bull run has more to go, the wave v is expected to make orgasmic lunges towards $3.73 or much higher!

The below is that of the NXT/BTC pair which is lagging the NXT/USD pair. This is one of the reason what its price explosion wasn't as big as NXT/USD. Note the double bottom and the Elliott Waves show how these fit into the count. The target is 0.000316 BTC,

Here is NXT/PLC and the Jaws of Wealth Broadening pattern is uncanny! It's currently correcting and likely will be attracted towards the bottom line before lunging upwards to touch once again the top line. The price residence at that point could be $11,793.

NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!
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Elliott Wave Counting Tutorial #1
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Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Legal Mumbo Jumbo: 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.**

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Frankly, I've never even heard of NXT before this post. So many Alts, who can keep up?

What does NXT even do that the others don't??

What are your thoughts on Smart Cash?

Dont think next will rise, because of the airdrop it was a huge pump. After airdrop it was dump

Rise will rise

Hopefully it will rise again. Most of the whales are out now. So I think the price will go up but not so fast as it was before. But everything can happen in the future. I think personaly it will be a crypto year. Doesn't really matters what you buy, all the prices will go up =D

I also don't think NXT will rise anymore. The airdrop has caused the price pump and now it will stabilise.

News and events don't move the price. Price moves the news and events.

Isn't Air Drops for life? For every new coin? That was what I got from the interpretation. Thanks,

will NXT go to Moon ?

haejin.gif

lol

Jesus christ @randowhale, don't you think that the reason why haejin gets so many upvotes is because of people enjoying his content? I do agree that he might be making too much money, but Isn't this the wrong approach? Silencing everyone who comments? You are just taking away from the little steemians and not from @haejin! It basically does the opposite of what you are trying to do!

How can he be making "too much money"? Whatever money he makes is based strictly from how his audience values the content he produces. Isn't that how it's supposed to work in a properly functioning marketplace?

And please don't just blindly flag this. I want a response, if you don't mind.

because ego's clash.

To be honest, if you had recommended any cryptocurrency or token, you would had been right, and I think it will continue to be like this for years to come. A great time to be alive :)

History would tell us we should expect a massive crash at some point. Past stats showed when marketcap got to 1000% overvalued we are now at around 500% (I think)

It only takes some governamental negative news of some sort, and we will go back in time lol. At least for a short period.

British Clothing Company (Stock)

That made me laugh have an up vote

There is a buy zone on his chart. You can buy when you want or follow any advise, just never forget you're the one that triggers the buy button, not the adviser ;-)