Let's look at the daily chart of NXT. We can see that the price bounced from 0.100000 support level. The market formed a new swing low which can be used for drawing a new uptrend line. This line will be a support and signal line for an upward movement. We have trading opportunity and it's possible to entry the market based on a breakout signal. Pending orders for buy should be placed at 0.118000 level. Stop orders must be placed below the support level and the uptrend line at 0.090000 level. Profit targets are at 0.180000 and 0.240000 resistance levels.
@guppy_, nothing happening so far, think those guys are manipulating price. Be careful.
guppy_
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@blkman, indeed. I got in at .109, added some more at .125 and dumped it all at .14. Now it's just a lot of price manipulation for this coin (for XRP also). Order book on both sides is mostly comprised of orders under $0.50.
You can't really pick and choose which coins/stocks are driven by fundamentals compared to Technical Analysis - that violates the logic and theory of both sides.
blkman
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@BrendenM, This is Crypto, TA and fundamental analysis logic and theory don't always work. Owner/whales are dumping their coins to fund their new IGNIS project. Please do you research.
Filthy_
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NXT seems to be consolidating. Do you see it going up higher, @DLavrov ?
guppy_
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Fundamentally, NXT has round 2 of their ICO coming up in a couple days also. Round 1 produced a huge pump for NXT.