Nexousd
Nexo token formed a bullish Gartley for upto 15.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Nexo token with Bitcoin pair.
Previously we caught almost 25% pump of NEXO as below:
Now on a daily time frame, NEXO has formed a bullish Gartley for the next price reversal:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
NEXOUSD Buy but limitedNEXOUSD hit both the MA50 (1d) and MA200 (1d) today.
The long term pattern is a Triangle that is limited by a Falling Resistance.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.8500 (Falling Resistance and +53.50% move).
Tips:
1. The RSI (1d) is still only 60.00, indicating that until its usual deeply overbought tops, there is still room on this uptrend but only short term due to the Falling Resistance.
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Nexo token formed a bullish Gartley | A Good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Nexo token with US Dollar pair.
On a 4-hr time frame, NEXO has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Nexo/BTC being boringNexo/btc finds itself in a downtrend channel for about 3.5 months.
With Nexo/usdt breaking out (check previous analysis), it's likely that Nexo/btc will rise above the gold yellow downtrend line. When this happens, we would like to see that the grind continues up until it rises above the parallel channel. until then, Nexo is just boring.
Nexo ATH SoonNexo is one of my biggest Alt bags. I believe in this company long term, and I am seeing a nice long trade set up here so I thought I would share.
EMA ribbon and both Super Trends flipped bullish on H12. RSI and OBV both in up trend.
Short term, I see a move to 2.91 very likely after rounding out a bottom and breaking 2.53 horizontal resistance level and retesting. Close above 2.68 on H12 would confirm strong move up.
Within next 2 weeks, 3.05 to golden pocket.
By EOM, 3.43 would be next.
Once NEXO closes above 3.43, I will be looking for a long play to 4.82 as the next power move up.
1st PT - 2.91
2nd PT - 3.05
3rd PT - 3.34
Long term PT - 4.82
NEXO Primed to explodeHere are the next few targets for $NEXO.
This is not only based on technicals but this is the governance token for a VERY solid defi platform with great interest rates, no staking required.
Technically you can't beat it, right at the edge of the channel, just recovered from a double bottom and forming a sym tri consolidation. This looks prime to explode to the channel midline, although the prior high may provide some resistance.
This is invalidated if we leave the channel.
Classic... It's a snake in the GRASS pattern. NEXO:NEX strikes!Lying dormant in wait, She rears her symmetrical triangle head and strikes...... It's the classic snake in the grass pattern.... putting fear in the hearts of the evil short sellers everywhere..... NEX wrecks down your walls and you fall madly in love with her... That is until the next hot Crypto comes along.
💡Don't miss the great buy opportunity in NEXOUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (3.0210).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
.NEXOUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 3.5600
TP2= @ 3.8000
TP3= @ 4.0000
TP4= @ 4.3500
TP5= @ 4.9000
SL= Break below S2
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Now, It's your turn!
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in NEXOUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (3.0210).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
.NEXOUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 3.5600
TP2= @ 3.8000
TP3= @ 4.0000
TP4= @ 4.3500
TP5= @ 4.9000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Bullish NEXO Nexo is a great platform backed up by Bitgo security and Loyds Bank warranty.
Great interest rates in their platform.
Looked closely to it, even in terms of support in real time, transfers between revolut and banks are very easy to do especcially if you´re from Europe. I am really impressed with it, must confess.
Nexo coin hodling system seems to be perfectly oiled for people to hodl everything there including euros which can have interests up to 12% if you decide to receive interest in NEXO. Or just 10% in euros. To have this high rates you need to be Platinium and have least 10% of NEXO in your portfolio.
Loans are very easy to request. Loan payments is peace of cake too with diferent type of forms.
You can also use your cripto as collateral damage of your loan.
So i am long for this coin and amazing platform. So far. Lets see how it goes.