Long
NXT - Let's Play the Correction
Target 1: $0.87
13 EMA meets .618 fib level is a golden opportunity
Stop loss: slightly below most recent support line (yellow)
Possible gain: 38%
Entry: Bullish divergence on 30 MINUTE MACD OR near support line
Always gravitates towards proper EMA . That is the written law.
Follow for updates along this correction process (should last through the end of January)
13 EMA meets .618 fib level is a golden opportunity
Stop loss: slightly below most recent support line (yellow)
Possible gain: 38%
Entry: Bullish divergence on 30 MINUTE MACD OR near support line
Always gravitates towards proper EMA . That is the written law.
Follow for updates along this correction process (should last through the end of January)
Trade active
That's the bullish divergence that we needed.Note
Bearish channel. Targeting the top of the channel and looking for re-entry
Note
Bullish channel. Don't give up when things are oversold. Expect a nice bounce after Bitcoin is done with this phase of the correction.
Trade active
Here's lift off.
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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.
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.