NXT has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, NXT began a wave one advance on March 2. The wave one (sub-waves i-v) finished on May 15, and the wave two (sub-waves abc) correction finished on May 27. If this wave count is correct, NXT should be heading next towards the May 15 peak in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "NXT will takeout the May 15 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "NXT will drop below the March 2 low".
If you think NXT is in a range, upvote this post and upvote the comment "NXT will stay in a trading range between the March 2 low and the May 15 peak until July 3".
You can upvote the comment until 3 PM EST June 4 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.