NXTBTC Long Good Entry PointNXT is looking to make a decision. We should see a bounce off of .000021 and a test of the down trend channel in the next 24 hours.
Could be a good consolidation support for a reversal.
Nxt
NXT Buy OpportunityLet's look at the daily chart of NXT. We can see that the price bounced from 0.100000 support level. The market formed a new swing low which can be used for drawing a new uptrend line. This line will be a support and signal line for an upward movement. We have trading opportunity and it's possible to entry the market based on a breakout signal. Pending orders for buy should be placed at 0.118000 level. Stop orders must be placed below the support level and the uptrend line at 0.090000 level. Profit targets are at 0.180000 and 0.240000 resistance levels.
W patter NXT Long Breakout W pattern. Very very bullish. To enter here at 17-18cents is very very risky, however the trade off is that NXT will settle down at a much higher level. 30-50ents. This is the extreme end of the chart, but why else would it go way past its recent all time highs. It is normal for crypto to move to larger extremes. This coin is free to surprise. Long term, $1+ for this coin. The fact it is as volatile as it is, is a big deal in a good way for future long term investors, big or small.
If you haven't checked out the platform, it might be a good idea. Lots of very cool things happening on this project.
If you're just concerned about price analysis:
I definitely recommend to buy on the big dips as this coin is volatile and will provide such opportunities, so be smart when you trade. See the chart for potential lows to make purchases... See god mode at the bottom. Great for find really good short and long term entry and exit points, but know it limits (which are noted in the instructions in the link below), and trade wisely
Here are instructions on Godmode.
Check out Aaron.ag <--- that is his website he is also on youtube for free if you do not want to subscribe to his service.I Get a lot of really good ideas and education on trading there.
Collectively through these sources, and enough experience trading markets, be it stocks, options, crypto, jobs, friends, partners, kids, school, time, labor, various other life dealings, I prefer these 2 sources for trading information.
At the end of the day we are all traders, and we all trade our time for various things.
If there is anything crypto stands for in any metaphorical sense, it is personal responsibility.
Trade wisely my fellow traders,
Dashtothetop
NXT/BTC LongNXT is in a nice bull run and it looks like a great time for it to moon. Will wait for price to drop back down to the closer support line that it's bouncing really nicely from before entering. Based on historic values, it looks like we will see some resistance at the 0.236 Fib level and of course the recent high. I have no problem seeing this reach a target price of 0.000105, especially if it can bounce nicely from the current 0.5 Fib level. Will set the stop/loss just below the 2nd support line. Expect rice to bounce between support uptrend and resistance downtrend. Once resistance downtrend is broken, we should see the price bouncing off the resistance uptrend line instead
Entry: ~0.000039
Stop/Loss: 0.0000307
Target is about a 150% profit
Ardor triple bottom bullish chartArdor possible triple bottom chart, i expect it will touch down to 0.00003536 to confirm the 3rd buttom touch and bounce back to retest its resistance at 0.00005960, its a buy signal if this will breaks , it may goes up to 0.00009900. Confirmation of breakout may takes less than or a week
NXT Bull RunNXT is starting to form a channel here which gives us a good speculation on where we are heading.
IGNIS is running its ICO via NXT coins collected in the crowdsale which is split into 5 different distribution periods. Next IGNIS ICO scheduled period is on the 26th of August. There was high demand in the first ICO period but lots of people missed out (Mainly due to a whale taking most tokens) therefore FOMO (Fear of missing out) has occurred and I expect this to help maintain this continuos uptrend channel.
If this speculation goes as expected, a 50-85% profit is expected.
Good luck.
NXT Trading ScenarioHello,
Today let's study NXT, the blockchain application coin.
The big brother of ARDR coin and soon to be IGNIS coin, went up from 550 in march to 9200 in june (16x growth) and then experienced a retracement to 3100. Today, NXT trade around 3500.
With the snapshot on NXT in October in order to obtain Ignis, good trading opportunity could come.
As you can see on the chart, NXT/BTC is currently inside of two triangles. The short term one (between the orange line and the purple long term up trend line) should resolve in a few days. The second one (between the black and purple line) should resolve before October. Today NXT is on the bottom line of those triangles where it bounced several times last month. If the triangles breaks down on the following days, we could see the price go to 3000 support level and if it doesn't hold to 2500. If the price bounce on the next days on the purple line we could see the price go to 3800 and then maybe test the orange line. If the orange line breaks we may go up to 4500-4700 levels where there is fib resistances. Then if they break, we could see the price go to 5300. I will update later if we go to this levels.
On the indicator side, On the indicators side, the mix of OBV, ADX/DMI, RSI , Volume Zone and MacD gave a small buy signal one month ago when NXT/BTCwas around 3600. RSI seems to predict a reverse of the downtrend soon.
With the snapshot on NXT in order to distribute IGNIS coin on October, we could see a rise in the price before the snapshot followed by a strong retracement.
In conclusion, It may be a good time to buy some NXT (at the bottom of the triangle after a bounce for a more risky bet or when the orange triangle break for a safer buy).
Ardor (ARDR) - Range bound? So ARDR is another platform which I have some faith in. In my previous posts, I discuss the fact that I prefer functioning platforms. At this point, ARDR is not a functioning platform, but rather a token which is set to launch Q4 this year I believe. The reason I am still interested and invested in this platform is because of the team behind it. If you are familiar with NXT, Ardor is built by them and is by their own description, NXT 2.0. NXT is already a really strong and underrated platform as it is, so I believe Ardor will make a big jump in the long term. I am accumulating now in anticipation of a big price increase come end of the year. Check out the NXT website for more info as well as the developer's (Jelrudia) website for more info. Worth reading if you are interested in blockchain from more than a pure trading perspective.
For this chart, it really looks like we could be range bound for hopefully a few more moves before making a stronger push up or down. I would guess up as the market is bullish, but it may not be a strong move up immediately as hype is more around NXT (for IGNIS ICO) as well as NEO and others right now. Fine for me, time to accumulate more.
If you are comfortable trading ranges, this may provide an opportunity. The EMAs are flattening out and have not yet crossed over so I do not believe any breakout is imminent. Support line from previous support has been met, although it could drop down to another support level. I believe this will hold though and push upwards to resistance as the stochastic is starting to flip. Trading in a range can be fun, but risky. Don't bet the farm.
Good luck.
NXT How to TradeAfter reaching 0.180000 level, the price reversed and dropped to a support level. We can spot a possible reversal zone formed by the trend line of the ascending channel and 0.125000 support level. This zone is good for buying based on a confirmed reversal signal. Also we can entry the market based on a breakout signal. The high of a bullish candle should be used for placing pending orders for buy. RSI already reversed in the oversold zone and it tells us that the market can start upward movement without reaching the trend line. Entry level for long trades is above 0.142400 with stop orders below 0.119000. Profit target should at 0.180000 level.