$NKN [1W] - Bull market targets
Updated: Sep 27, 2021
New Kind of Network is one of the surprise gainers of this bull market.
Bear market 2018-2020
Price corrected in a ABC correction wave (white)
Bull market 2020-2022
0-1: first impulse wave
1-2: first corrective wave
2-3: second impulse wave
3-4: second corrective wave
4-5: current wave (i-ii)
The strongest targets are Fibonacci extension levels of the bear market 'cup' that coincide with the extension levels of the 3-4 wave.
Tip: in the tradingview chart you can press the play button, to see how price evolved after this analysis was made.
More info: https://nkn.org/