NXT is getting ready for a trend reversal. It has to hold the green support line in the comming hours.
If it holds the green support line and crosses the resistance line, we have a confirmed breakout.
Buy-zone: 3500-3000
Stop-loss: 2990
First target: 6094
If it holds the green support line and crosses the resistance line, we have a confirmed breakout.
Buy-zone: 3500-3000
Stop-loss: 2990
First target: 6094
Trade active
We didn't breakout the first time, we did create a new channel. This time the support of the channel has an uptrend. NXT is consolidating while most altcoins are dropping for the last two days.I'm waiting patiently for a breakout.
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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.