kokopuffs

NXS Major Divergence - Trend Reversal

Long
BITTREX:NXSBTC   Nexus / Bitcoin
372 views
3
Price action, CCI , and MACD has really big divergence.

Just hoping volume won't be a big problem.

Use the stop loss and take profits as guide.
Comment: Please do not follow this trade. This is a test trade that I am applying one of my theories to.
Trade active
Trade closed manually: Test trade closed.

Comments

Whats the graph called? The one lined up with Fibonacci?
Reply
kokopuffs FintechDaddy
@FintechDaddy, that's also one of the fib tools. Fib fan.
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how could a major update on the coin affect this? they are releasing the trinium wallet soon which will be the only major update in maybe 1 year
Reply
@favio, it depends on the public sentiment. If the public feels good about the release and the market supports that, the price will go up. Other than that it will drop.

I don't know much about nexus coin and this chart is just off its patterns and waves.
+1 Reply
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