Nexus (NXSBTC) printed a bullish wave of 1600% from Jan. 2021 low to Feb. 2021 high... That's massive for sure.
At the current time, we have seen a very long consolidation phase lasting 6 long months... In cryptocurrency terms, this is really long.
We have a higher low with prices now trading above multiple EMAs (EMA50/100/200)... The doors are open for another...
NXS is on its way to big pump. If it can break upper line of its ascending triangle the pattern will complete and big pump is on its way. Chikou Span is breaking price up and big thick red cloud will end in couple of days. These very strong signals gonna pump NXS if it can break this resistance zone.
Entry: 2600-3000 SAT
1) 3900 SAT
2) 4800 SAT
Check NXS on 1D chart. You can see long downtrend under EMA200. I am not indicator trader but EMA200 on daily timeframe work amazing!
You can when Nexus closed above EMA200 then was big pump. Now we are above EMA200 and volume is growing. It means we can go up... You can buy half possition now and buy the dip lower or you can put limit order on EMA200 and wait....
We've been following Nexus (NXSBTC) for a while with great results, we managed to catch both, the move on 29-Jan. and 21-Feb.
(See it here: www.tradingview.com)
Now, after 1500%+, it looks like NXSBTC will go at it again.
We have prices trading above EMA10 with bullish indicators.
Not many bears around but...
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The rose makes no...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.