PolarHusk

NXS/BTC (Testing Weekly Key Level)

BINANCE:NXSBTC   Nexus / Bitcoin
💎Technical Analysis Summary💎


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 💰 via Tradingview coins this week to ahancock 🙏🎉

``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
Crypto VIP Signals-60%OFF🔥
➡️ https://krypto-signals.com
Cross Ultimate Indicators-60%OFF🔥
➡️ https://krypto-signals.com/ks-indicator
Crypto Technical Analysis❓
➡️ https://krypto-signals.com/TArequest
Community Chat💬
➡️ https://t.me/kryptosignalschat

Comments

thanks for sharing
Reply
PolarHusk Stargazer_fx
@Stargazer_fx, thank man! 🐻‍❄️😃
Reply
Very good analysis. Well done
Reply
PolarHusk SynergyCapital
@SynergyCapital, thanks! 🐻‍❄️😃
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, 🐻‍❄️😃
Reply
cryptosphynxs PolarHusk
@PolarHusk, +100%
Reply
PolarHusk cryptosphynxs
@cryptosphynxs, 😃🐻‍❄️😃
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