NXSBTC Double bottom Our team mentioned volume rise and started analysis of this coin. There is a double bottom on the chart and indicators are positive. We expect a little consolidation before rise according to Stoch RSI right to the Ichi cloud. Fib resistance level 0.786 was broken and the next step is 0.618.
NXS
Interesting Pattern in NXSBTC
Not often I see this 231MA curve up before the others cross. All charts aside, Nexus NXS BITTREX:NXSBTC more than just an interesting project. They have a growing partnership base and a Blockchain technology only a genius can explain. So I'd recommend not getting me to explain. Something to do with highly scalable 3D blockchain, quantum resistant, and cost efficient satellite launches into space. Could we be sitting down to a winner winner chicken dinner?
NXSBTC is about to climb, no fall intended.Technical analysis:
NEXUS/BITCOIN is in a Range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 46.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.00015 to 0.00008), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00015)
Ending of entry zone (0.00008)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.00026
TP2= @ 0.00036
TP3= @ 0.00046
TP4= @ 0.00056
TP5= @ 0.00095
TP6= Free
A good opportunity to buy in NXSUSD. Don't miss it !!Technical analysis:
NEXUS/DOLLAR is in a Range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 44.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (1.664 to 0.730), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.664)
Ending of entry zone (0.730)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 4.42
TP2= @ 5.06
TP3= @ 7.03
TP4= @ 16.8
TP5= Free
Low Entry on Nexus, 200 EMA holding nicelyBTC looking primed for a run, if you have some spare fiat this might be worth a shot. While market is going up this might go up even faster.
200EMA has held on recent downtrend, if it continues to hold we should be looking at a daily macd cross. I like low historical price and RSI too.
Could be a little risky, run with a 5-10% stop if needed.
THE MOST BEAUTIFUL CUP AND HANDLE IN CRYPTO HISTORYNEXUS WENT ON A MAD BULL RUN DURING THE SUMMER OF 2017 LEADING UP TO THE BIG NEXUS CONFERENCE IN SEPTEMBER WHERE MANY ICONIC FIGURES WERE ATTENDING AS GUEST SPEAKERS, ONE OF WHICH WAS THE GREAT RON PAUL. AFTER RON'S MAIN SPEECH, HE CALLED TO ALL THE NEXUS WHALES IN THE AUDIENCE TO MEET HIM BACK STAGE. HE PULLED OUT A DOOBIE AND AS THE NEXUS WHALES AND RON GOT THEIR MINDS RIGHT, HE LOOKED THEM IN THE EYES AND SAID, "LET'S MAKE THE MOST BEAUTIFUL CUP AND HANDLE IN CRYPTO HISTORY."
NAH IDK, I JUST MADE THAT UP, BUT THAT'S WHAT I LIKE TO THINK HAPPENED.
KEEP THE FAITH. FULFILL THE PROPHECY.
NXSBTC : 0.001 BTC Per NXS SoonNexus (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 backed by a satellite based blockchain. Also recently Nexus introduced the concept for the world's first 3D blockchain and it is still under process of bringing into effect. Although these fundamental facts ensure the validity of the Nexus it clearly makes certain of the upcoming bullish trend for the NXS coin when studied and and analyzed the price chart of NXSBTC pair.
As analyzed it shows a clear upward retracement from applied Fib levels following the completion of a Cup-and-Handle formation. Once the price retests and breaches the all time high around 0.0009300 BTC it is evident that the price will have nearly doubled the value of its current position of 0.00064200 BTC to 0.0013100 BTC during the upcoming weeks.
NEXUS OutlookGreetings 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 developer aiming to create innovative quantum-resistant 3D blockchain software within a scalable satellite network.
NXSBTC possible x2 profitTA:
- 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 conformation for example check for a volume spike.
When the triangle breaks up and is confirmed it is probably also a conformation for an edge to edge ichimoku cloud trade so the top edge is probably going to
act as a resistance.
Triangle can also break down so wait the conformation!