DLavrov

NXT Buy Opportunity

Long
If the price bounces from 0.060000 support level, it will gives us a good trading opportunity. The market has been moving between 0.060000 and 0.020000 levels 4 months amd now the price is at the bottom of this price channel. RSI is going to confirm price reversal. MACD lines support upward movement. DMI allows open long trades. We can try to catch this price reversal and further upward movement. Pending orders for buy should be placed above the local high at 0.080000 level. Stop orders can be below the support at 0.052000 level. Profit targets should be 0.013000 and 0.018000 levels.

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