NXT Entry Levels

1 567
NXT like other coins moves in a range. We can draw a horizontal channel between a resistance and a support levels. Short terms trades can be opened when price bounces from the bottom border of the price channel. Stop orders for such trades must be placed below the support level. Profit target should be the top border. If price breaks the resistance level, we'll have a new buy signal with profit target at 0.125000 resistance level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.