PolarHusk

NXS/BTC (Testing Weekly Key Level)

BINANCE:NXSBTC   Nexus / Bitcoin
๐Ÿ’ŽTechnical Analysis Summary๐Ÿ’Ž


BINANCE: NXSBTC


-Nexus is now testing the important weekly key level of support
-This is the swing low last May trading history
-The Bulls must defend this area otherwise the Bears will take the lead
-I'm expecting NXS to consolidate inside this triangle pattern until EOY
-You don't want to hold on bags without any Bullish price action
-So my recommendation is to wait until the trendline resistance is broken upward



A big Thanks for donating ๐Ÿ’ฐ via Tradingview coins this week to ahancock ๐Ÿ™๐ŸŽ‰

``````````````````````````````````````````````
Trading Involves High Risk โš ๏ธ
Not Financial Advice ๐Ÿ’ธ
Please Exercise Risk Management ๐Ÿ’ฑ
``````````````````````````````````````````````
Thank You All!๐Ÿ™๐Ÿ˜Š๐Ÿ’–For Supporting My Channel ๐Ÿ“บ
Through Leaving A Thumbs Up, Comment & Follow ๐Ÿ’ฌ
Happy Trading!๐Ÿ˜Š๐Ÿ’•๐Ÿ’–
``````````````````````````````````````````````
Crypto VIP Signals-60%OFF๐Ÿ”ฅ
โžก๏ธ https://krypto-signals.com
Cross Ultimate Indicators-60%OFF๐Ÿ”ฅ
โžก๏ธ https://krypto-signals.com/ks-indicator
Crypto Technical Analysisโ“
โžก๏ธ https://krypto-signals.com/TArequest
Community Chat๐Ÿ’ฌ
โžก๏ธ https://t.me/kryptosignalschat

Comments

thanks for sharing
Reply
PolarHusk Stargazer_fx
@Stargazer_fx, thank man! ๐Ÿปโ€โ„๏ธ๐Ÿ˜ƒ
Reply
Very good analysis. Well done
Reply
PolarHusk SynergyCapital
@SynergyCapital, thanks! ๐Ÿปโ€โ„๏ธ๐Ÿ˜ƒ
Reply
How low can it go? currently there are 28 Millions coins locked in staking.
Currernt supply is 64 M minus 28 M locked is 36 M coins. Demand is not there yet, but considering the current price I assume that Bears cannot take control because there is no much room left to the downside.
Sure, from 1600 sats to 800 sats is a big 50% loss, but if you jump on an illiquid asset like that it must be espected and it's only a buy, buy and buy, just a retarded buy until this thing shine.
Reply
PolarHusk cryptosphynxs
@cryptosphynxs, the 1600s area is crucial, if that level breaks. New price discovery will occur.
+1 Reply
cryptosphynxs PolarHusk
@PolarHusk, 100%
Reply
PolarHusk cryptosphynxs
@cryptosphynxs, ๐Ÿปโ€โ„๏ธ๐Ÿ˜ƒ
Reply
cryptosphynxs PolarHusk
@PolarHusk, +100%
Reply
PolarHusk cryptosphynxs
@cryptosphynxs, ๐Ÿ˜ƒ๐Ÿปโ€โ„๏ธ๐Ÿ˜ƒ
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out