NEXO breaking outNexo the only lending platform to survive the 2021 collapse. Very strong momentum, lots of new features released and trust from its customers.
Gossip is: they are coming back to the US market.
NEXOUSDT trade ideas
NEXO Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
NEXO is trailing in the middle of the support and resistance trendlines. It is interesting to see how the 50 EMA disallows the price from moving further, while the support at $1.170 holds it.
A close above the 50 EMA will push the price for a short-term gain of 20%-25%. If the support weakens, consider entering NEXO at around $1.065.
Key levels:
- Primary Support: $1.170
- Lower Support: $1.065
- Primary Resistance: 50 EMA ($1.22)
- Short-term Target: $1.4 to $1.5
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
NEXO/USDT I BUY SETUP✔︎📈 BINANCE:NEXOUSDT SIGNAL
✔︎ENTRY : 1.462
🏓TARGETS :
✔︎ T1 : 1.660
✔︎ T2 : 1.859
✔︎ T3 : 2.103
✔︎ Long term T4 - T5
✘ STOP : 1.360
🚦Stop Trigger:
• If you make capital management: Stop is activated when one candle opening and closing
below the stop level of the same time frame of the signal.
• If you don't make capital management: Stop is direct without waiting for the candle to close.
💡Risk management :
• Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities.
• Sell (25% to 50%) on (T1) and don't move your stop-loss.
• Sell 50% on (T2) and move your stop loss to the entry point.
• You are safe now, and the next 25% is up to you.
💡Reason for this trade:
This trade gives my trading system a sign of strength:
• My trading system is based on liquidity and reversal zones.
• When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
• the first side that has been swept:
1- failure swing point
2- liquidity pool
3- valu area deviation
• Opposite side targets:
1- range high
2- monthly resistance
3- fibonacci extension
💡Entry setup
1- reclaim valu area low
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
Nexo - Jinny Gann levels / StarNexo Reversal dates on chart
Expected Cycle top @ 1.82
horizontal lines are Support/Resistance .
Vertical lines are time pivots .
The most accurate Gann tools here.
Jinny Gann
Appreciate your Comments.
GL
NEXO on its way to $3I tentatively assume that we will reach $1.3 with NEXO, then around $3, and if successful, a peak around $4
Nexo showing a very professional Accumulation phase Hi Everyone;
today we have one of the Interesting coin.. NEXO
My TA showing almost 23 Risk to rewards, but looking to the accumulation phase I expect more than that, let's give it a chance.
#NEXO/USDT - Long - Potential 21.68%
Strategy: Long
Exchange: BYBIT
Account: Spot
Entry mode: Market order in range
Invest: 5%
Exit:
• Target 2 : 1.1 20.32%
• Target 1 : 1.012 11.72%
Entry: 0.9142 ⌁ 0.9142
• Current market price: 0.9142
• Stop: 0.812 (-11.18%)
Technical indicators:
Resistance break in confirmed uptrend. Dip into liquidity zone has pushed price through the 0.886 resistance. No overhead resistance.
• ⎿ 24h Volume: 27476.249278
• ⎿ Satoshis: 0.9142
• ⎿ Analysis: TradingView
My nexo spot predictionJust simple elliot wave counting possibility. Tradingview does not want me publish just 1 sentence, so I will try my best explaining the count. Elliotwave is a simple method made by mr Elliot (search in google) by counting the market wave pattern. His pattern consist of 5 waves. Since the law of the market can be counted, according to mr Elliot, in 5 wave signal. Search more in google the probability wave length and period. Ok, the best way making use if this means method is to determine which wave you are at the moment, and then the waiting game begins. Enjoy
Nexo Buying Frenzy: Seize the Opportunity Now!**Short fundamental analysis of Nexo (NEXO)**
* Nexo is a centralized cryptocurrency lending and borrowing platform that offers users high interest rates on their deposits and low interest rates on their loans.
* Nexo has a strong focus on security and is one of the few lending platforms that has been independently audited by Armanino LLP.
* Nexo has a large and growing user base of over 4 million users in over 200 countries.
* NEXO is the native token of the Nexo platform and is used to pay for platform fees and to earn rewards.
**Recent news about Nexo**
* Nexo has recently launched a new feature called Nexo Boost, which allows users to earn higher interest rates on their deposits by locking up their NEXO tokens.
* Nexo has also recently announced that it is expanding its services to the United States.
**Disclaimer**
The information provided in this response is for informational purposes only and should not be construed as financial advice.
NEXOUSD ❕ declineNEXO broke through the support level.
RSI is moving in the sellers' zone.
The asset will continue to decline.
Nexo in bullish descending bullish descending triangle pattern
What Is a Descending Triangle Chart Pattern?
A descending triangle is a powerful technical analysis pattern with a predictive accuracy of 87%. The pattern is flexible and can break out up or down, and is a continuation or a reversal pattern.
A descending triangle has one declining trendline that connects a series of lower highs and a second horizontal trendline that connects a series of lows. A descending triangle can be bearish or bullish or a reversal or continuation pattern, depending on the direction of the price breakout.
A descending triangle occurring during a price uptrend, with a price breakout above the resistance line, is considered a bullish continuation pattern. (See chart below)
Conversely, a descending triangle occurring during a price downtrend, with the price breaking out above the resistance line, is considered a reversal pattern.
NEXO 3D ( Bullish Scenario ) In the 3-day timeframe , we observe significant compression, and in the recent corrective waves, we witnessed higher lows for Nexo. If it manages to break above the $0.68 region and gains momentum, the growth of Nexo will initiate
NEXO Cup and HandleNEXO is on my radar.
2 possible plays.
1.larger cup and handle for 11% gain which may take a few weeks to play out. Smaller shorter play is playing the channel.
2. It is breaking out of the descending channel i would add leverage to this. I'm not a huge fan of this project so make sure you have a stop loss
#NEXO/USDT - Long - Potential 3.65%Direction: Long
Market: Futures
Risk: 0.25% - 1%
#USDT_NEXO
Exchange: ANY
Timeframe: 360
TP1: 681
Entry: 658
STOP: 643
Entry Conditions:
| Bit late to this signal but the hard part has been done in breaking the resistance following a bullflag breakout.
NEXOUSD ❕ declineNEXO has broken down 200EMA on the 4H Timeframe.
50EMA has broken down 200EMA (1H TF)
RSI is below 50 points (4H, 1H and 30m TFs)
I think the asset will go down after fixing below the support level.
#NEXO/USDT - Long - Potential 3.45%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_NEXO
Exchange: BINANCE
Timeframe: 360
TP1: 0.629
Entry: 0.608
STOP: 0.587
Entry Conditions:
| Falling wedge break
| RVI trendline break
nexousdt triangle breakout on weekly nexo usdt is on stong support on monthly time frame with traingle breakout out on weekly time frame so i expect amove from 50 to 150 percent from here it is low risk signal but may take some time to happen
NEXOUSDT Spot TradeNEXOUSDT Technical analysis update
Buy zone: Below $0.72
Stop loss: $0.645
Take Profit 1 : $0.784
Take Profit 2 : $0.915
Take Profit 3 : $1.065
Take Profit 3 : $1.35
Spot trade
Thanks
Hexa
NEXO/USDT - Nexo: Resistance_Breakout_Confirmation SuperTrend◳◱ We have identified both a Super Trend pattern and a Resistance Breakout on the $NEXO / CRYPTOCAP:USDT chart. Both indicators are signaling a bullish trend, with the Super Trend showing a bullish trend and the Resistance Breakout confirming this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.715 | 0.763 | 0.847 and the major support zones are at 0.631 | 0.595 | 0.511. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ General info :
▣ Name: Nexo
▣ Rank: 101
▣ Exchanges: Binance, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Financial - Lending
▣ Overview: Nexo offers crypto backed lines of credit and interest-bearing crypto accounts.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.717 ₮
▣ 24HVol: 773,293.307 ₮
▣ 24H Chng: 1.991%
▣ 7-Days Chng: 7.22%
▣ 1-Month Chng: -4.53%
▣ 3-Months Chng: -14.43%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.715 | 0.763 | 0.847
◢ Support: 0.631 | 0.595 | 0.511
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.27
▣ Last 90D: -1.39
▣ Last 1-Y: -0.81
▣ Last 3-Y: 1.23
◲◰ Volatility :
▣ Last 30D: 0.47
▣ Last 90D: 0.52
▣ Last 1-Y: 0.84
▣ Last 3-Y: 1.45
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.04 - V. Bearish
▣ In-depth NEXOUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
after break outDO NOT FORGET USING A STOP LOSS
Warning:
This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
I hope you are always profitable
#NEXO/USDT - Long - Potential 7.06%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_NEXO
Exchange: BINANCE
Timeframe: 360
TP1: 0.743
Entry: 0.694
STOP: 0.645
Entry Conditions:
| Resistance break
| Volume
| Fast & Mid MA's broken
I'm very optimistic about Nexo Coin's potential.Nexo Coin is currently offering interest rates of up to 12% on USDT, USD, GBP, and EUR. As a Swedish broker, Nexo provides insurance on its clients' assets in the event of a hack, a unique feature not offered by other companies to my knowledge. Based on my quick analysis of the trading range, it appears that the market is testing the lower border levels. However, from a fundamental standpoint, I believe that there will be increasing demand for Nexo Coin due to the attractive interest rates offered on real-world currencies.
Hold onto your hats because I am positively bullish on Nexo Coin! This crypto sensation is sending shockwaves through the market, and I am thrilled to be a part of the action. Trust me when I say that this coin is not just another run-of-the-mill cryptocurrency; it's a force to be reckoned with. So, buckle up and get ready for the ride of a lifetime, because Nexo Coin is about to take the world by storm!
NEXO/USDT - Nexo: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $NEXO / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.692 | 0.744 | 0.846, and the major support zones can be found at 0.59 | 0.54 | 0.438. Consider entering a trade at the current price zone of 0.764 and targeting higher levels.
◰◲ General info :
▣ Name: Nexo
▣ Rank: 93
▣ Exchanges: Binance, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Financial - Lending
▣ Overview: Nexo offers crypto backed lines of credit and interest-bearing crypto accounts.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.764 ₮
▣ 24HVol: 1,437,271.267 ₮
▣ 24H Chng: 2.139%
▣ 7-Days Chng: 18.93%
▣ 1-Month Chng: 7.03%
▣ 3-Months Chng: 17.35%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.692 | 0.744 | 0.846
◢ Support: 0.59 | 0.54 | 0.438
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.08
▣ Last 90D: 0.81
▣ Last 1-Y: -0.92
▣ Last 3-Y: 1.25
◲◰ Volatility :
▣ Last 30D: 0.65
▣ Last 90D: 0.55
▣ Last 1-Y: 0.85
▣ Last 3-Y: 1.47
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.33 - Bearish
▣ In-depth NEXOUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
