DLavrov
Long

NXT Buy Opportunity

POLONIEX:NXTUSDT   NXT / Tether USD
Price passed through the kumo and it's going to break 0.100000 resistance level . DMI confirms a strong upward movement and allows trading. We have buy opportunity. Entry level for opening long trades can be at 0.108000 level which is higher than the previous swing high. Stop orders must be placed below 0.079000 level. Profit target can be at 0.140000 level or we can hold these trades for long term.
Comment: Price reached 0.140000 resistance level. Probably we'll see a short term retracement to 0.120000 and 0.100000 support levels.
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Hi Dlavrov,

Are you still predicting the price to drop around 0.12 - 0.1 ? It is 0.135 right now.Thank you in advance.
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its now at 0.1447, does it mean it has gone past the resistance level and we should hold on to it?
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@sujoe, if you want to hold this coin you can do it without looking at local resistance levels. This market has potential for good upward movement.
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sujoe DLavrov
@DLavrov, thanks! I like your analysis a lot, always spot on! million thanks.
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Damn you're good! Love reading your analysis then hitting the "play" button and watching it come true :) Thanks for sharing!
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Price retracement after hitting 0.14 and the stay in an upward trend or before hitting 0.14 as it went straight up to 0.14..... anyway in conclusion should we expect to move up after the price retracement to around 0.122?


We will see, I'd appreciate any insights.

Cheers!
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Where did you come up with the 0.140000 level target? Trying to figure out why'd you chose that target.
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DLavrov kenzoria
@kenzoria, 0.140000 level was the local resistance level. As a variant we can close profitable trades near possible reversal levels and lines. In this example 0.1400000 it's possible reversal level.
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Stoked I got on this one. Hoping to reach target levels today.
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awesome bro !
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