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NXSBTC

There is a trading opportunity to buy in NXSBTCTechnical analysis: . Nexus/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00006000 to 0.00008100). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00006000) Ending of entry zone (0.00008100) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00007140 TP2= @ 0.00008610 TP3= @ 0.00010080 TP4= @ 0.00011580 TP5= @ 0.00016000 TP6= @ 0.00022100 TP7= @ 0.00036600 TP8= @ 0.00046300 TP9= @ 0.00055900 TP10= Free
Long
by ForecastCity
4
There is a trading opportunity to buy in NXSBTCTechnical analysis: . Nexus/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00006000 to 0.00008100). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00006000) Ending of entry zone (0.00008100) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00007140 TP2= @ 0.00008610 TP3= @ 0.00010080 TP4= @ 0.00011580 TP5= @ 0.00016000 TP6= @ 0.00022100 TP7= @ 0.00036600 TP8= @ 0.00046300 TP9= @ 0.00055900 TP10= Free
Long
by ForecastCity
4
Nexus Early, Plus Mixed, Signals (Will It Go Bullish?)Nexus (NXSBTC) is looking kind of weak on the daily time frame, still too early to say if this new low is "it", but it does look better on the 4H time frame which we can see as the main chart above. Here is the daily chart: As for the chart above (4H TF), somehow this set up looks convincing enough for us, we believe that Nexus (NXSBTC) can move up from here but some conditions do apply, so keep reading, and feel free to hit like... We can see that EMA50 (magenta line) rejected a move up three times in a row, low volume, but now Nexus is trying again with more volume after a higher low. The classic bullish divergence on the MACD, you've heard this one a million times before from me, but you know we like it simple... Simple is best. So we use these classic signals with amazing results every day. Nexus (NXSBTC) Price Action If Nexus can break and close above EMA10 and EMA50, we can expect additional bullish action. Any consolidation is normal and expected, but a close below the last low, 0.0000594, would send a bearish signal and have us looking again at the charts. If the low is broken, then the yellow zone is where support is most likely to be found for another try at the above-mentioned resistances. Which one is it going to be? I am leaning towards the bull in just a matter of weeks. Namaste.
N
by AlanSantana
5
There is a possibility for the beginning of an uptrend in NXSBTCTechnical analysis: . Nexus/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00006130 to 0.00008100). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00006130) Ending of entry zone (0.00008100) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00007140 TP2= @ 0.00008610 TP3= @ 0.00010080 TP4= @ 0.00011580 TP5= @ 0.00016000 TP6= @ 0.00022100 TP7= @ 0.00036600 TP8= @ 0.00046300 TP9= @ 0.00055900 TP10= Free
Long
by ForecastCity
4