NAKA-USDT update

Oct 30, 2021

Up more than 400% from my call.
My next TP is $8 area>
If it drops below $5, it would be a warning. Anyway, I expect to see a correction before trend continuation.

Elliott wave count is also imply we still have another wave up to complete the 3rd wave then a correction.

Oct 30, 2021

Note

As I told you about a correction here, it's happening now :-)

Oct 31, 2021

Note

I sold 75% of my position between $6 to $6.5 and only kept 25%. If the price goes below the red dot line (TP4), my TA is invalidated and we won't see another leg up. But if it can hold this level, around $4.6, then we will see another leg up.
My thinking is we would see a double top, around $6.5 and then going down.
Let's see which scenario will play. It's smart to be prepared for different scenarios in your trading.