NXS/BTC (Testing Weekly Key Level)💎Technical Analysis Summary💎
BINANCE: NXSBTC
-Nexus is now testing the important weekly key level of support
-This is the swing low last May trading history
-The Bulls must defend this area otherwise the Bears will take the lead
-I'm expecting NXS to consolidate inside this triangle pattern until EOY
-You don't want to hold on bags without any Bullish price action
-So my recommendation is to wait until the trendline resistance is broken upward
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NXSBNB
Nexus log chart shows 1000$ in play in the next 4-5 years. Take your time to dig into Nexus technology. nexus.io
NXS/BTC TA Update (Must Hold Key Support Trend-line)NXS/BTC
NXS is testing the confluence area and upward trend-line support. If price can maintain this level in the coming days or weeks.
I expect continuation to the upside is possible. Otherwise, daily close below 2500 sats will result in downward pressure.