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NXTBTC - Cup n Handle - Bullish Breakout
Long
NXTBTC - Cup n Handle - Bullish Breakout
By sniperz
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Updated
Jun 13, 2017
5
Jun 10, 2017
Cup formation starting from August 2016 to May 2017 on daily chart.
Handle formation beginning to take shape and extending in June 2017
1st Breakout - Nxt broke out on a huge downtrend in June 2016
2nd Breakout - Nxt broke out of a second down trend line in May - June 2017
Ichimuko TA
Bullish Cloud breakout - In late March 2017
Perfect bounce on Ichimuko cloud on 26th May 2017
Fundamental Analysis
Nxt/Ignis snapshot happening soon in coming months.
All Nxt holders will receive 0.5 Ignis token for each Nxt they have.
Jun 13, 2017
Trade active
2nd target of 7800 reached.
Chart still looks bullish except RSI which is in oversold region now in daily timeframe.
sniperz
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