NXT has a hard fork around December 24th and is currently in a bull pennant. I would accumulate along the support line, looks like we will break out in a few days and I think NXT will continue heading upwards till the fork.
NXTBTC update
we already reach previous analysis target with 127% nice profit in 20 days,, congrats ^_^
now NXT perform bullish pennats, we have buy level here at 1330 with 89% profit target at 2513
if this coin drop, buyback level at 864
*maximum target 272% profit with estimated 47 days.
Good luck
NXT has recently had an edge to edge trade through the cloud (see related, closed with 100% profit) and price is now progressing above the cloud with a good daily momentum after a white doji has formed. I will be watching for a good entry position on the 4H chart while price retraces back to the 4H MA cloud.
NXT is currently consolidating after making a large move upwards. I believe there is more room to go. An entry signal would be the close of a 4 hour candlestick above 1600.
The next resistance after 1600 is 1800. Here is my daily chart to support that comment.
EXIT SIGNALS:
Could sell at the break of the equilibrium pattern support
OR
Sell at break of key...
NXT is approaching edge to edge territory. If we get a large momentum move or a close in the MA cloud, I will look for a long opportunity with a target to the FAMA green edge.
wave has to clear wave one peak to confirm but has followed close. targets in place lets rock, stop loss's should be in place till more volume
feedback?
NXT is firing up. With the airdrop of IGNIS for all NXT holders end of december slowly coming closer i feel this could just be the start of a big rally.
We just had an 1 to 5 legs up and an ABC correction of that whole move seems complete. My short term target is in the chart, long term in december hard to say but i wouldnt be surprised if we go to 4k sats and...
NXTBTC dropped as ow as possibly could! Last low, end of wave Y in place.
One could enter the trade for mid to long hold with good profit potentials. I need to add since NXT has an upcoming Fork towards the end of Dec 2017, upside could be just few weeks away and not necessarily become a long hold into the next year ! Try to take a position on the shorter time...
NXT corrected down to the 88.6% fib level, currently sitting on old support line.
Daily Chart:
MACD is flat but can cross soon(0)
RSI coming from oversold region, crossed and is pointing upwards (+)
Market closed below Bollinger Bands (-)
Buy volume catched up on the last days (+)
4h Chart:
Inside Bollinger Bands
MACD crossed and heading...
This coin has a different mechanism for securing the network or to say by means of staking which the coin says forging as a means to complete transactions! Its a long term coin keep an eye out for road-map! the coin is inflated a bit has about 1Billion in circulation so dont expect 200-500% moves in a week! Goodluck staking/forging it!
I personally think its a...
