Pretty simple graph. I have been looking through my crypto hodlings trying to see which ones may survive the upcoming bear winter. It basically comes down to who is holding up against BTC since everything usd related is getting smoked. Nexo has a nice graph with a bounce of the 100 week. My only real fear is Nexo adjusting its APY rates in the light of the bear...
In this setup we see Nexo hitting its C&H neckline. Volume decreasing since the middle of the cup and exponentially decreasing when in the handle. Just like we like to see it. Target is bottom of the cup towards the neckline. We can see 2 necklines. However, I prefer the conventional one since its target wil allign with Nexos big resistance. For now, we would like...
Nexo/btc finds itself in a downtrend channel for about 3.5 months. With Nexo/usdt breaking out (check previous analysis), it's likely that Nexo/btc will rise above the gold yellow downtrend line. When this happens, we would like to see that the grind continues up until it rises above the parallel channel. until then, Nexo is just boring.
The change in momentum are the moments to watch out. Use technical indicators such as RSI indicators. No financial advice.
NEXO: 1. oscillator against BTC 2. RSI breakout important to signal phase change 3. some support with the support bands Analyse also against other crypto coins. No financial advice.
Nexo could do what Celsius did. For now Nexo isn't listed on many exchanges but it could easily get some more at some point. Not comparing the quality of the platforms, but the potential of the token give how the chart looks like. Currently very strong and ready for a pump.
Nexo has going very well on USD pair. We Broke up recistance and made it as support. Retested support. Im pretty sure we are going to have a parabolic movement on this coin soon on BTC pair. In that case we will see it on several coin in BTC pairs soon aslo.
Nexo is a great platform backed up by Bitgo security and Loyds Bank warranty. Great interest rates in their platform. Looked closely to it, even in terms of support in real time, transfers between revolut and banks are very easy to do especcially if you´re from Europe. I am really impressed with it, must confess. Nexo coin hodling system seems to be perfectly...
i don't know what i 'm doing support respected indicators are bullish for me ? up trend continue ?
watching this closely Nexo is a nice hold long term invisted in the ICO but can it continue it's amazing performance short term?
NEXONIANS, It sure looks like now's the time to get into this bullish trend.
previously... Libertas Aequitas Veritas.
FUNDAMENTALS First of all if you don't know Nexo, do a quick research about them. It's a "crypto bank", offering loans for your crypto as collateral. So you don't need to sell Bitcoin if you need money for a car or bathroom renovation for example. Just deposit Bitcoin to Nexo and take a loan in fiat. When you repay your loan, you get ALL your Bitcoins back....
The following is NOT financial advice: Still feels like mainstream is not aware of the interest savings options available these days. On the Nexo platform they recently raised their interest rate another 2% and you can now earn up to 12% compound interest in stable coins and fiat currencies and a whopping 8% on crypto assets. Paid out daily! The highest interest...
NEXO has been quiet last couple of months, broke above resistance but I'd like to see it another 10-20% higher before saying it is on the upswing