NXT should make his next uptrend continuing to follow the pattern he made so far. We saw few retracements, but main " gap " is made by btc fluctuation after retracement to 14k and then fluctuation 14-16k. It showed strenght even in moments overextended btc price range (he was 12% plus) comparing to OVEREXTENDED and ARTIFICIAL BTC pump.
Hello again! NXT is turning into the king of December with setup after setup giving us great entry and reentry points. We're currently in another Bull Flag/Bull Pennant. A break above the top would signal an entry point - A word of caution on this one though. We're right below the longterm trend line, so I could enter at .695 only to see us bounce off the...
NXT bounced off midterm support trend line. Decreased heavily while bitcoin was correcting hard, but then kind of leveled off disproportionate to bitcoin decrease so hopefully it has found a bottom for now. Needs some help though to break above the resistance line of the descending wedge forming. Possible cup and handle formation as well. RSI and MacD on the 30...
As the pattern developed it's clear we're in the falling wedge (bullish) bull flag (bullish). When this breaks upward it's going to be a monster. Expect a gain equal to the flag pole. Normally, at Target 1, I take profit and reduce my exposure by 50%. Then I adjust my stop to breakeven. At Target 2, I take profit again and reduce my remaining 50% by 50% (in...
NXT/USDT is forming an ascending triangle or symmetrical triangle pattern. When the NXT breaks the resistance at 0.4106, it will shoot upward, IF IF the bitcoin does not fall drastically. Buy order should be placed at above $0.42 level and stop loss should be placed at below $0.3 level. And there are two target points according to the Fib chart. The NXT coin has...
NXT has broken it's short term down channel. First Target .225 Second target .28
The argument for why NXTUSD will go to $0.30: -Wave 3 hit almost a perfect 1.618 extension of wave 1-2 meaning the price target is either a 1:1 extension of wave 3 or a 2.618 extension of wave 1-2 -Bullish divergence of the price moving above base-line on 1h, (price is already above base-line on 2h candles) -Bullish divergence of conversion-line and base-line...
Today at 2 pm EST there will be in the US News the FOMC meeting minutes. Let's see if it effects these crypto pairs.
The market gives us a new high which can be used for placing buy orders. The price moved above the cloud. If it also breaks the downtrend line and the local high, we'll get a signal confirming further upward movement. If ADX line rises above 20 level, it will support market movement. Entry level is 0.070500 with stop orders below the previous low at 0.058500...
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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...
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...
The price is in good zone for buying. We have a price reversal from 0.060000 support level which was confirmed by RSI. MACD histogram confirms upward movement. We can place pending orders for buy at 0.080000 level. Stop orders must be placed below the local swing low and the support zone. It's 0.037000 level. Profit targets are 0.130000 and 0.180000 levels. The...