NEXOUSDT trade ideas
NEXO 🚀 Symmetrical Triangle Breakout 🚩NEXO... in a recent AMA on YouTube, Co-founder and Managing Partner Antoni Trenchev dropped hints of a bank acquisition and potential stock offering. They have been aggressively buying back their own NEXO tokens off exchanges in the last 90 days to stabilize the price, as Trenchev believes the NEXO token should be fairly valued in the double-digit range.
Personally, this is not a short-term trade. I would stake NEXO on their platform and receive 30% of the company profits in the form of dividends (paid out in Bitcoin) and compound your gains over time.
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nexo.io
More details in the comments below on NEXO! 👇
NEXOUSDT - EW analysis - 5th wave up NEXOUSDT - It is in 5th wave, where 1st subwave formed a leading diagonal. Wait for 2nd subwave pull back to get in to trade with stop level below 1.742 for target of new high. The 3rd wave is expected to be sharper.
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NEXOUSDT - EW analysis - impulse upNEXOUSDT - It is in 5th of 3rd wave up and expecting one more wave up to finish the current cycle up in 30 min time frame. There is a small correction down before it reverses in 30 min to go for higher high.
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NEXO Looking To Set New ATH Just Below $2Massive increase in userbase and huge upside momentum are on the side of Nexo. The price has stabilized around $1.70 for the past few days and it is holding strong. IMO Nexo is looking to break up through 2 fib levels and test the resistance at $2. Let me know what you guys think.