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 May 27. The wave one finished on June 5, and the wave two correction ended on June 6. The wave three advance finished on June 13, and the wave four correction ended on June 15. If this wave count is correct, NXT should be heading next towards the June 13 peak in the wave five.
(Chart courtesy of Tradingview.com)
Looking at the weekly chart, I believe NXT is currently 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 June 13 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "NXT will drop below the June 6 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 June 6 low and the June 13 peak until July 25".
You can upvote the comment until 3 PM EST June 26 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.