Updated
NXT USDT - Join my Fibonacci Squad

Chart with time retracements and important (current) resistance lines. Watch, learn and see!
Note
So from what I see is that both BTC and the other USD pairs are bearish till 21 January. After that they should be heading up. Alts BTC pairs might dump a bit but the USD should go up.Note
NXT/USDTBuy 0.29-0.40
Sell 0.53/0.65/0.82
Expected date of up, after 21 January.
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Nicely in the wedge, should eventually break up and pump.Note
0.46-0.53 TP, these are daily EMA 20 and 30 ResistanceNote
Its out of the yellow triangle/wedge which is a good sign we are breaking resistance, daily macd turning bull would help us further.Note
So sell target around 0.50-0.63 cent.Note
Big 2.5 million USD buy wall on Poloniex :DNote
So yesterday there was a big wall and it bought some good amount around 0.36-0.38 cents and was not pulled away, my idea is that this would be for longterm accumulation then since we are at a pretty low level for NXT. It appears to make a triangle wave and should then head up after breaking out this consolidation.
On the right side you can see volume bars where relatively speaking is bought most at that price.
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Well it hit lowest 0.12556 line, sideways possible but I still expect a big retracement up in the future. Towards +0.30 area if not more.Note
It has been a long wait, but NXT is leaving the white dotted resistance shown in main chart. This means the major resistance from the downtrend is ending.Trade active
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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.