NXT Trading Opportunity for POLONIEX:NXTUSDT by DLavrov

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trendanalysis supportandresistance indicator nxtusdt nxt cryptocurrency

The price is going to move above the cloud. It will be a trend reversal signal. We should buy above 0.067000 level with stop orders below the support zone . It's 0.054000 level. Profit target is 0.100000 resistance level and the part of long positions can be left for long run. In order to get an additional confirmation of futher upward movement, it's better to wait for ADX line above 20 level.

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I like to try and follow your Fib retracements but I got this one pretty wrong - always learning. Thanks :)

NXT WILL GO TO SKY

NXT go up 0.1$. Thanks

Right after you posted this, we saw a ~8% increase. I'm glad I took your advice! :-D

Thanks for the analysis sir, as always.