NEM coming out a wave 2 to make run at 3?
Updated
I wanted to post this chart yesterday, but with the NEM hack I was a little gun shy.
On a 1 day chart, NEM has completed an ABC correction from June 17 to Dec 17.
As you can see, it completed another 5 mini cycle wave for it's run through a grand cycle wave 1 (mid dec to about Jan 5) and just completed wave 2 (correction wave).
I am looking the beginning of a possible wave 3 (bullish waves are 1,3,5) in our grand cycle, but in the short term (top chart) you can buy back in on this coin between .000088 and .00085. Using trend fib I see targets short term for .00010440 to .00010940 for a quick trade.
Produce a quart.
On a 1 day chart, NEM has completed an ABC correction from June 17 to Dec 17.
As you can see, it completed another 5 mini cycle wave for it's run through a grand cycle wave 1 (mid dec to about Jan 5) and just completed wave 2 (correction wave).
I am looking the beginning of a possible wave 3 (bullish waves are 1,3,5) in our grand cycle, but in the short term (top chart) you can buy back in on this coin between .000088 and .00085. Using trend fib I see targets short term for .00010440 to .00010940 for a quick trade.
Produce a quart.
Note
We are in the buy zone!
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