Wetdog544

Is NXT Resurrecting

Long
POLONIEX:NXTBTC   None
NXT seemed to have broken out of its long downward slide. It was showing Bullish signs i.t.o. a Falling Wedge pattern where it tested the Support and the Resistance 4 times each. To test whether it is a breakout I am using a Gann Fan. What we are looking for is that the price must break through the 1/1 line and after that through the 2/1 line. Only at that point should you consider the breakout as a trend reversal and decide if you want to buy or not.

On 30 March 2018 it is estimated that NXT will be half way through the current cycle (Check previous idea published) and then start heading up for a potential 1100% climb over the following 85 days.

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