In my previous analysis I indicated where I expect the NVCN to rise. I keep this target price. Now I'm looking for the answer to how long it can go down. Introduce two more concepts, one is the Tesla code and the other the exit ATR levels. The Tesla code is Nicholas Tesla's theory. One of the most important mathematical formulas for the random distribution of magnetic flux, which can be used primarily for the random distribution of impulse movements. The NVCN is an excellent example of this. This theory is closer to the descriptive theories of the world university than to the theories of stock market movement itself, but the Fibonacci series belongs to the former theory, yet it is one of the most popular stock exchange theories. Another concept is the outgoing ATR level. This is a stock market theory. Exit ATR is the theory where the number of long positions will be higher than the number of short positions. The white line of the current analysis shows these levels. If I combine these two theories, we can say that we can expect the next number of Tesla code for the triple number. Vagiy is at the end of the decline. The NVCN exchange rate is unlikely to be below 0.4620.
Comment:
The purpose of this analysis was to determine the lower value of the NVCN exchange rate decrease. The analysis was working, reaching its goal. It is no longer timely.
These two analyzes belong together. The current one is the analysis of the lower movement of the exchange rate, the predefined price target.