NXT buy level
Updated
The price approaches the upper boundary of the downward channel and breaks the downtrend line. The price forms a triangle. The bullish divergence on 4h tf gives us a signal to buy.
Place your stop orders above the triangle - 0.1386
Stop-loss - 0.13
Set your own risk
Place your stop orders above the triangle - 0.1386
Stop-loss - 0.13
Set your own risk
Comment
Triangle was wrong, but the channel and downtrend line is still relevant.New levels:
buy - 0.14
sl - 0.13
Trade active
After a long consolidation, the price leaves the channel. Good movement. Buy order activated at 0.14Comment
I'm trying to catch a good position for a big long with a max target of 0.386 or more. The nearest target for 1-2 days is 0.153 ... 0.154.Now very much depends on how bitcoin will cope with the resistance of 7800.
In 20 days there will be an airdrop for nxt holders - metrodex.org/
This should stimulate price growth.
Comment
Now we can move our stop-loss @ 0.135. If we want.Trade closed manually
I feel uncomfortable in this setup. I colse my position.
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