NXS great long term project, short term bearish
nxs has been ranging in a wedge for sometime now and appears to have broken down. I would expect the price to move down into my buy zone box before its next intense bull run. cloud resistance is very strong here. FA suggests this could change with a pump in the short term but this will become obvious on the chart if it plays out. if the tenkan drops below the kijun, i think our box will be filled. when the tenkan makes the next upward cross, this is when the rocket decouples. i believe this coin is an excellent LONG term hold. I will attempt to get an entry under 19000 and plan to hold until shortly after the next btc bull run tops out.
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