Here we have Nexus coming out of a steep descending channel... Bullish action comes next.
ENTRY: 0.00001050 - 0.00001200
STOP: Close daily (D) candle below 0.00001000.
This is not financial advice.
Thanks a lot for your support.
Nexus is currently trading at 1670 sats.
Daily chart shows a falling wedge and a long range of accumulation.
Spring according to Wyckoff accumulation method is where we are at now.
Not financial advice, I will just keep adding positions on this one.
💎Technical Analysis Summary💎
-Nexus is now testing the important weekly key level of support
-This is the swing low last May trading history
-The Bulls must defend this area otherwise the Bears will take the lead
-I'm expecting NXS to consolidate inside this triangle pattern until EOY
-You don't want to hold on bags without any Bullish price...
Nexus currently attempting to retest a break of a falling wedge on the 4HR.
Target: 392 sats * 0.62 % chance of reaching target (see link below)
SL: Recent swing low
Once the breakout is confirmed, we should reach the 1950-2k sats levels again and hopefully begin a slow climb uowards.
Percentage of successfully hitting target from:...
We are at the lowest risk possible for entering positions on NXS against BTC.
Do your own campaign.
My strategy is to buy up every single month and my minimum take profit area is set at 10$.
NXSBTC - Long - Potential 193.39%
Entry - 2342
TP2 - 4147
TP3 - 4729
TP4 - 6880
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there!
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please...