moneypenny275

Nebulas Looking Prime for a Pump!

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BINANCE:NASBTC   Nebulas / Bitcoin

Elliott waves , fibonacci and 16H histogram showing NAS is close to a reversal.

Looking for a final drop to 1566 to close out bearish histogram.
Would like to see in the 16H:
-one more red bar in the histo, pulling the MacD closer
-then, a green bar in the histo for the MacD cross

Hammer at the peak of wave A good signal of a nice pump to come!
IF we get the bounce at ~1566, we may see it hit ~1999! With a pullback to ~1774 and another pump to ~2393.

Let's see!
Comment: RE-EVALUATE - SUPPORT FELL THROUGH - ALTERNATE ANALYSIS (below)

Since NAS fell through target support 1566, therefore, an alternate wave structure needs to be considered and the next support level identified.

NAS is still in a major ABC consolidation pattern however, instead of heading down to sub Wave-A, it's sub Wave-B. To confirm this alternate idea, we need to see a bounce a 1387.

And as each subsequent target hits, the more accurate the (peak) target, 2524, becomes.

Would love to see this plays out!

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