Buy zone : 0.00001250 - 0.00000900 Cut Loss : < 0.00000900 Take Max Profit: 0.00014000
Just wait and see, wait untill the price touches the trend line.
Bought some NXT stoploss below blue line.
I'm not religious but WWWD? (What Would Wyckoff Do) $ARDR / $BTC
Hello Fan steem to see your arms offline As the market is corrected, STEEM is falling, wave 5 may reach 14459 and then return to the medium term up to 65000 or more. a little. Maybe this STEEM guy still does not make us all dizzy because in our opinion, when reaching the target 65xxx, STEEM again tweaked the correction of long wave to 5xxx, losing more than 90%...
The price approaches the upper boundary of the downward channel and breaks the downtrend line. The price forms a triangle. The bullish divergence on 4h tf gives us a signal to buy. Place your stop orders above the triangle - 0.1386 Stop-loss - 0.13 Set your own risk
We're below MA100 so is more probable that triangle is going to be break on that support and downtrend is going to continue.
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Based on techs Bitcoin has smoothly bounced off the uptrending support line continuing the uptrend. Overall the consensus remains bullish.
Looking at the daily chart for NXT, the price action finds itself in a falling wedge (pink) within a larger pennant almost at completion. A break to the upside from this pennant and things should get exciting. Hovering above oversold at the moment. Keep this on your radar when it breaks out.
NXT/BTC cycles Long-term deal (3-4 months) Entry 1600 - now Targets 3580 (~80% profit from now) 5640 (~185%) 8340 (~325%) 11720 (~500%) 14570 (~645%) Stop lose 1170 (~40% lose) ATH (all time high) 14575
The TA currently looks promising. I will continue to monitor NXT and keep you informed. Let's see what happens. Happy trading. :-)
$NXT continues its movement sideways expecting updates within a month.
Seems as if Bitcoin is on its way to creating another triangular flag pennant for another breakout upwards. Should be interesting as alts begin to run again for the possible 10K break this time :-) $DIME $DBC and $NXT has some of the best ROI potential in the Crytpo Sphere and great teams at the heads of them. In addition the technology on all three alts should...