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NXT - Quick Bounce Incoming
Long
NXT - Quick Bounce Incoming
By Broom
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Updated
Feb 8, 2018
9
Cheer
Cheer
Jan 1, 2018
NXT cut quickly down to support, also just past the .786 fib. I expect a retracement back to the .50 fib before consolidating further.
The trade gives a 2.4 to 1 reward to risk ratio.
With more eyes then ever on NXT in recent weeks, a decent amount of buying should occur after that nasty dump.
I got in at $.62 but you can also wait to see if it bounces off the lower trendline near $.50.
Feb 8, 2018
Comment
Bitcoin's fall steals the show, temporary RIP for NXT....
Chart Patterns
nxt
NXTBTC
nxtusd
Trend Analysis
Wave Analysis
Broom
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