Nervos (CKB) · 1,877% - 2,608% Profits Potential · New 2025 ATHNervos (CKB) is headed first for the "baseline" to produce some 500% growth. This is the start...
Good morning and thanks for taking the time to read.
I appreciate your continued support.
The last four week we have seen rising prices, this is the start. The baseline level on the chart is actually the first wave fully in and complete. Maybe the first and part of the third if we consider a five up-wave structure.
Within a consolidation period, the baseline would be the end of the bullish action. After reaching this level, CKBUSDT would move back down to produce either a lower low or higher low compared to the start of the bullish move. We are not in a consolidation period anymore, we are entering the 2025 bull market phase so things will be different.
Instead of the baseline being an unbreakable resistance, CKB is set to continue higher. It is set to challenge the last all-time high and produce a new all-time high. The chart here shows that this is possible and highly probable.
The major correction between April 2024 and June 2025 was a classic ABC. This means that we are about to experience a bullish impulse composed of five waves. 1,2,3,4,5. The 2 and 4 are corrections. The action happens contrary to the main move/trend. The 1, 3 and 5 are advances and happen in accordance with the main move.
This should be smooth sailing with long-term growth. I am mapping 1,877% profits potential on the chart but there can be more, much more.
Namaste.
