Nxtusd
NXT/BTC NXT trapped between strong support and resistance. Will likely punch through resistance and hit the next one. First target is the upper resistance. Next target is the 38.2%. If support breaks, the line under it is the the next strong support. If the SMA50 crosses over the SMA100 it's gonna go into a downtrend.
Nxt Continue to the Moon I think Nxt Long, Because fib Retracement Touch the Line Fib 3,82 nNothing can't Stop it
Tp 1: 3011
Stop Loss ;1666
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NXT USDT Entry Point R:R 2.5:1NXT has broken it's short term down channel.
First Target .225
Second target .28
NXTUSD $0.30? Elliot Wave AnalysisThe argument for why NXTUSD will go to $0.30:
-Wave 3 hit almost a perfect 1.618 extension of wave 1-2 meaning the price target is either a 1:1 extension of wave 3 or a 2.618 extension of wave 1-2
-Bullish divergence of the price moving above base-line on 1h, (price is already above base-line on 2h candles)
-Bullish divergence of conversion-line and base-line while price is above a GREEN cloud on 1h candles (already is on 2h)
-Bullish MACD divergence on 1h candles, likely will the 2h candles as well soon
-Elliot move being analyzed is a breakout with massive volume after a very long consolidation phase of almost six months
Elliot wave is following traditional patterns such as
-61.8% retracement on wave 1-2, and almost 38.2% retracement of wave 4
-Zigzag ABC 535 appearing on wave 2 and wave 4 ABCDE 33333 (drawn on 15m candles)
NXT target .18s .12 .1 .08
note volume nov 21
note: BTC is portal/gateway for most alts
Daniel Bruno, CMT
NXTBTC - at its bottom now, so go longit is in the lowest regions, that's why i think it should be bought and held until its profitable
NXTUSD LONGHi mates,
NXTUSD has been ranging within a symmetrical triangle, along with the completion of a bullish bat pattern. Short-term prediction to $0.1 while a break of the symmetrical triangle will take it to 0.19. Will keep you posted with the price movements if it breaks $0.1! Cheers!
P/S please exercise due diligence in trading, and best of luck!
