Long
NXT about to go on the upswing

Looking at the 2h chart for
NXT reveals a falling wedge (reversal pattern) forming. In addition, it is oversold and recently intersected on Stoch RSI, and the MACD is ready to cross. Look for a decent reversal soon, back to the top of the channel (TP @ 0.5 fib) or perhaps to the area around 0.000063 where it was when it crashed a couple weeks ago (TP @ 0.786 fib)
Order cancelled
Brain fart - the falling wedge is actually a continuation pattern :ONow it seems to be forming a sort of bearish rectangle, so I would hold off on any buys despite my original call.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.