Hi dear friends, hope you are well and welcome to the new trade setup of Nexus ( NXS ) with BTC pair.
Now on a 4-hr time frame, NXS has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
market cycle reversal, green fractal indicates an upward move similar to that seen in the first bull run, other than that more consolidation will most likely continue. Log Trend shows an inverse cup and handle setup, which may lead to new lows, or be invalidated with an upward move.
Entrenched above the level.
interesting formation on growth from re-retest level
moving averages indicate growth.
bull setup.
Pierced the level of volume.
Volume increased.
indicators show the direction of completing a position.
If you want to receive high-quality signals, write to my admin in a telegram @tradingroommmm
Technical analysis:
. NEXUS/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
Technical analysis:
. NEXUS/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
Technical analysis:
. NEXUS/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. NEXUS/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. NEXUS/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (1.81 to 1.22). if so, traders can set orders based on...
Technical analysis:
. NEXUS/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (1.81 to 1.22). if so, traders can set orders based on...
