TA_Crypto
Long

NXT possible falling wedge

POLONIEX:NXTBTC   NXT / Bitcoin
NXT is in its correction after a big bull run, now it seems to be in a falling wedge .
Buying on a breakout or when touching the bottom of the falling wedge .
A double bottom on the trend is also possible.
Keep an eye on btc             while trading.
Comment: As more information is available, it seems that we have touched the real correction trend, rather than haven broken out of a falling wedge.

 
when it is safe to buy?
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Looks good
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What would you set the stop loss at?
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It broke out from falling wedge but still on the support!
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if bitcoin stabilizes this could easily hit 20K before the airdrop
+3 Reply
Are we going to 20k? or what's happening
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TA_Crypto pwdzongoku
@pwdzongoku, First we should break the old ath and the resistance around 12k, then the tp would be 20k yes
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hit target possible 20k?
+1 Reply
TA_Crypto FALL1N1
@FALL1N1, 20k is the target when we break the old ath yes
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it does appear to be a double bottom bounce; likely fueled by the upcoming $IGNIS airdop
+1 Reply
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