NEXO is one of a handful of cryptos that may have a bottom pattern. We have 5 waves off its low as shown. Although it appears we can get another nano high for the fifth of the wave marketd (v), at about 18 cents. Once this move is complete, we'd expect a three wave retrace to somewhere between 7 and 9 cents. 5.4 cents is still bullish, but less ideal. Provided this one holds support, I expect a nice swing trade to come our way as shown with a target of $1.18 as reasonable.
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