Overly risky coin, but overly profitable. Coin only for temporary speculation, not for holding!
The progenitor of the coin ANDOR (andr). The developers website says that they support the development of both coins. But according to the sad NXT schedule, this cannot be said. The coin is traded on top exchanges such as Polonix, Bitrex, HitBtc.
The coin was pumped several times from + 700% , +1600% + 1700%! This makes it clear why this coin was created and what work is preferable on it.
What do we see on the chart? There was a downward wedge, after exiting from it, the price did not particularly make any price movements towards working out the goals of the wedge. Now there is a sideways movement, volatility is reduced.
Lateral movement after leaving the wedge for 96 days (3 months). Perhaps this lateral movement of 3 months in length will act as the 2nd phase of a reversal of a very slowly forming figure "Round bottom" ("Saucer"). The descending wedge itself will act as the first phase of this formation. The target are impressive, if in reality this formation will be formed, then only up to the figure resistance + 480%.
Entrance to the market - only at the beginning of the 3rd phase of the formation of the figure! It is very important. Because it is not clear whether it will really form. A relatively slow price increase will mean the beginning of this 3 phase formation of the figure "round bottom".
Enter the market now "at the bottom", maybe get a "second bottom" as a gift. It is better to buy a little more expensive, but for sure, than cheap for good luck!
If the price breaks through the support of the formation and consolidates below it, this will mean that there will be no trend reversal to the upward one at a given time, and you should refrain from buying.
Here is another NXT developer coin - ANDOR coin (Andr). In my opinion, the ANDOR coin is less risky and more understandable in price movements. You also need to understand that this is a newer project of these developers, therefore they will add more time and effort to the development of the project, which will be well displayed on the price chart.
Here is one of the latest trading ideas for the ANDOR coin which has already yielded about + 20%.
Ardor channel movement in increments of 40%. Pivot points
Let me remind you that NXT and ANDOR (Ardr) were created by the same people.
NXT is the first project.
ARDOR (Ardr) - the second project.
The progenitor of the coin ANDOR (andr). The developers website says that they support the development of both coins. But according to the sad NXT schedule, this cannot be said. The coin is traded on top exchanges such as Polonix, Bitrex, HitBtc.
The coin was pumped several times from + 700% , +1600% + 1700%! This makes it clear why this coin was created and what work is preferable on it.
What do we see on the chart? There was a downward wedge, after exiting from it, the price did not particularly make any price movements towards working out the goals of the wedge. Now there is a sideways movement, volatility is reduced.
Lateral movement after leaving the wedge for 96 days (3 months). Perhaps this lateral movement of 3 months in length will act as the 2nd phase of a reversal of a very slowly forming figure "Round bottom" ("Saucer"). The descending wedge itself will act as the first phase of this formation. The target are impressive, if in reality this formation will be formed, then only up to the figure resistance + 480%.
Entrance to the market - only at the beginning of the 3rd phase of the formation of the figure! It is very important. Because it is not clear whether it will really form. A relatively slow price increase will mean the beginning of this 3 phase formation of the figure "round bottom".
Enter the market now "at the bottom", maybe get a "second bottom" as a gift. It is better to buy a little more expensive, but for sure, than cheap for good luck!
If the price breaks through the support of the formation and consolidates below it, this will mean that there will be no trend reversal to the upward one at a given time, and you should refrain from buying.
Here is another NXT developer coin - ANDOR coin (Andr). In my opinion, the ANDOR coin is less risky and more understandable in price movements. You also need to understand that this is a newer project of these developers, therefore they will add more time and effort to the development of the project, which will be well displayed on the price chart.
Here is one of the latest trading ideas for the ANDOR coin which has already yielded about + 20%.
Ardor channel movement in increments of 40%. Pivot points
Let me remind you that NXT and ANDOR (Ardr) were created by the same people.
NXT is the first project.
ARDOR (Ardr) - the second project.
Comment:
NXT Possible reversal pattern formation rounded bottom + 480%
Comment:
Lateral movement continues in increments of 60%. Which is pretty good. Trading in the accumulation channel.
Entrance
Enter the market with confirmation of support.
Target
First target + 60%.
Do not be greedy for trading, the less fantastic goals, the more income.
Stop loss
Under key support levels during your entry into the market. In this version, under the support of the channel.
Entrance
Enter the market with confirmation of support.
Target
First target + 60%.
Do not be greedy for trading, the less fantastic goals, the more income.
Stop loss
Under key support levels during your entry into the market. In this version, under the support of the channel.
Comment:
The price has reached the bottom of the channel, a potential entry point when confirming the support level.
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✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: www.instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
