It has come time to pay close attention to NXTUSD in my...
... opinion. It is better to trade this coin in USD than BTC in my honest opinion. Everyone should trade a coin in USD if it's offered for trade in USD.
EDIT: Heikin-Ashi Weekly candles indicates potential for more downside. May NOT want to rush to get into this one. Play it smart on making a good entry. Weekly Heikin-Ashi (HA) posted below.
EDIT #2: However, the Daily HA (Heikin-Ashi) shows more signs of reversal to the upside. So, it's definitely time to pay close attention to this one. The Daily HA is posted below as well.
EDIT #3: AGAIN, I'm NOT saying RUSH to buying this one. I'm saying it's worth keeping an eye on to make a SMART entry.
Yes, you can trade it with your BTC's. However, you will be FORCED to pay even closer attention to the price movement of BTCUSD as you follow NXTBTC. Because this will directly affect the price of NXTBTC if the price of BTCUSD fluctuates dramatically while the price of NXTUSD remains the same. I'm telling you this to try to help you avoid losing too much of your US Dollar capital.
I like what I'm seeing thus far. It is worth going long on this one in my opinion. I will post other chart(s) on NXT shortly.
By the way, I've recently made myself a rule. Which is, IF a coin has 3 zeros in front of it behind the decimal point , I would have to see very clear signs of strength before I will consider involving my time and energy on that coin. If it has 2 zeros in front of it and the 3rd digit is 5 or higher , it's worth getting into with medium signs of upside movement .
Weekly HA
Daily HA:
Daily Ichimoku Cloud added for addition indication of reversal on the horizon:
EDIT: Heikin-Ashi Weekly candles indicates potential for more downside. May NOT want to rush to get into this one. Play it smart on making a good entry. Weekly Heikin-Ashi (HA) posted below.
EDIT #2: However, the Daily HA (Heikin-Ashi) shows more signs of reversal to the upside. So, it's definitely time to pay close attention to this one. The Daily HA is posted below as well.
EDIT #3: AGAIN, I'm NOT saying RUSH to buying this one. I'm saying it's worth keeping an eye on to make a SMART entry.
Yes, you can trade it with your BTC's. However, you will be FORCED to pay even closer attention to the price movement of BTCUSD as you follow NXTBTC. Because this will directly affect the price of NXTBTC if the price of BTCUSD fluctuates dramatically while the price of NXTUSD remains the same. I'm telling you this to try to help you avoid losing too much of your US Dollar capital.
I like what I'm seeing thus far. It is worth going long on this one in my opinion. I will post other chart(s) on NXT shortly.
By the way, I've recently made myself a rule. Which is, IF a coin has 3 zeros in front of it behind the decimal point , I would have to see very clear signs of strength before I will consider involving my time and energy on that coin. If it has 2 zeros in front of it and the 3rd digit is 5 or higher , it's worth getting into with medium signs of upside movement .
Weekly HA
Daily HA:
Daily Ichimoku Cloud added for addition indication of reversal on the horizon:
Comment:
This one chart should be enough for now. The text bubbles speak for themselves when explaining where we are possibly going...
Comment:
If we end up going well higher than 0.01281589 (Aqua line) and get closer to 0.02724090 (purple line), then the purple line will be a good indication of where our Preliminary Support Line is located. Meaning, that will be our "breakout" line for a future Spring and/or Up Thrust.
Comment:
I just wanted to make a note for future reference that we began moving upward at the point where my red (down) trend arrow meets the green (up) trend arrow.
This is the 4h TF to show that...
This is the 4h TF to show that...