Nexus (NXS) is indeed an undervalued cryptocurrency at the moment. The project behind this sleeping giant is way more advanced than the Bitcoin blockchain itself. That being mentioned it is certain as the objectives and events of Nexus Roadmap for 2018 are fulfilled there will be an enormous demand as well as a surging growth in adoption for this cryptocurrency...
Greetings Traders!
NXS moving in descending channel formation. Initial support level is the lower parallel + 0.5 line, just below that 4H 100 EMA + 0.618 line, even below that is the 4H 200 EMA. A good reaction at these support levels could indicate a possible LONG entry. Resistance is the upper parallel.
Nexus is a very exciting project with a capable lead...
Nexus Earth has the technology and potential to be the coin for many. Nexus is decentralizing the decentralization and launching tech into space to support the decentralization. With advanced development on "Smart Contracts", privacy, Quantum Resistance and real decentralization Nexus will hold together in one coin all that is needed in this space.
"Nexus seeks...
TA:
- Huge cloud with a very horizontal top edge
- We see a triangle that could break any day now
- RSI is following a bullish trendline and is trendline is above the 50 level
- Stoch RSI about to make a crossover and is oversold
- Volume is confirming triangle
Strategy:
Wait for price break out of triangle(up) make sure it is not a fake breakout so look for some...
As we can see BITTREX:NXSBTC has has start to bounced well with a nice double bottom from the demand zone...
So what the next for BITTREX:NXSBTC ?
As soon as we brake the 0.00025/26 level
I expect an accleration to 0.00039 to finally take off to 0.00073412
Stop loss 0.0001863
Chart analysis by request. (Training)
Signals:
- MACD Bullish divergence.
- Chart formation = Triangle.
- Bounce from low point (0.0000940).
Notes:
* 1Day Chart.
* Attempt at breakout can happen around 13-14 Dec.
* Targets black lines.
* Long trade.
Basic trading tips:
- Buy low, sell high (can't go wrong when you buy at the bottom).
- Remain calm at all...
Looking at bullish signals almost across the board, first publish so really keen to hear feedback on techniques and whether i have stuffed this up totally or not.
