SUMMARY
NAV Coin has already undergone price action during last year that's very similar to current. Last Spring, Summer and Fall were spent on generating a five wave runup that at the end went vertical with a 5th wave extension.
Then a deep retracement with a rounded price formation became the correction. And yet, once these completed, price went vertical to all time new highs. These are contained in the white box. Now, the blue box contains a very similar wxyxz decline as in last year. The smaller rectangles also mark approximate landmark to the fractal correlations. IF this is correct, then an aggressive price rally can be expected.
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!!
--
--
