Hi Everyone,
For NKN, it seems that a 5 wave uptrend has recently been completed, and that we're now currently in the ABC correction phase.
My expectation is for at least a 50% retracement of the B wave, which would result in the price reaching 0.6.
This would be before a C wave takes place which may retest recent lows,
Good luck
For NKN, it seems that a 5 wave uptrend has recently been completed, and that we're now currently in the ABC correction phase.
My expectation is for at least a 50% retracement of the B wave, which would result in the price reaching 0.6.
This would be before a C wave takes place which may retest recent lows,
Good luck
Note
The target was reached earlier today, but the spike to 0.8 was I believe linked to fundamental news.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.