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Nexium

Nexium VS Bitcoin Uptrend ConfirmationFollowing the previous idea on Nexium VS Bitcoin , the trend reversed to the upside as projected, after rejecting the support at 1140 satoshi. The wave up resulted in the break above the 200 Moving Average and price reached the 5400 satoshi. Although the consolidation followed and NXC/BTC corrected down to the 200 Moving Average which has acted as a support and has been rejected. Now the uptrend is likely to continue with the first target being at 8740 satoshi, that is 61.8% Fibonacci retracement levels. Break above that resistance will establish a long-term uptrend as suggested in the previous idea.
NLong
by CryptoPAMM
2
Nexium / Bitcoin - The Big Turnaround?Nexium found the support at 1140 satoshi that was confirmed by a 427.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. There was a very clean support rejection and besides this the previous bottom price of the Nexium back in the end of 2016. This is indeed a key price for NXC/BTC and while the support is being rejected, it could result in a huge turnaround in favor of the Nexium. The price could potentially just 5-10 times, but of course, it yet to be seen and it could also be just a corrective wave up. Nevertheless, the growth potential is huge, at least compared to the risk. Only a daily close below the 10k satoshi psychological support could invalidate bullish outlook.
NLong
by CryptoPAMM
24
Nexium Is Massively UndervaluedNexium is clearly trending upwards while making higher highs and higher lows on a Daily timeframe. It continues to reject the uptrend trendline and currently is trading at $0.21, above the 200 Moving Average. While the uptrend remains valid and Nexium is above the $0.13 support, buying opportunity remains, with a huge growth potential. The first real strong resistance that NXC/USD must overcome is at 61.8% Fibonacci retracement that is around $0.33 area. Break above should result in an exponential growth and could reach $1.35 within a relatively short period of time. Only a break and close below the $0.13 could invalidate bullish outlook.
NLong
by CryptoPAMM
9
NEXIUM / BTC AND TWO BULLRUN POSSIBLE SCENARIOS The first scenario (marked all in green) The price made a perfect cup, broke the neckline and is now in the moment of retracement to form the handle. It can be in any of those levels of FIBO to then do the pullback. Unfailingly and how I said in previous cases the price should break the neckline to start your bullrun towards the PT1 C & H. Second scenario (yellow) If the price does not make a retracement, a correction, has the challenge of crossing the resistance of the bearish kumo.Also inevitably should form the next candle totally out of the kumo to confirm the trend and go to the target prices 1, 2 and 3 . We will see how it is solved.
NLong
by AndresThomasShirakawa
2
Nexium approaching escape velocity?NXC "fundamentals" -Solid, playable private beta already available -Strong and successful ICO funding -Clear developmental milestones and regular blog updates -Seemingly excited community/fanbase; some level of hype seems present -Activision/King Digital make billions of dollars on incentivized in-game purchases. Profitable business model. -Brings to table ability to liquidate in-game earnings into real cash to buy real-world items. Incentives further play and user retention. NXC Technicals: -higher highs, lower lows; recently breaking out of a converging triangle pattern -recent momentum as approaching an anticipated may/june public beta release -recently public, has not had significant "moonshot" upstroke this early in its life -approaching relative all-time high if discounting immediate post-ICO selloff price Hope you can find some flaws or merits in my analysis here! Curious what you all think.
NLong
by UnknownUnicorn582144
NEXIUM - IRRESISTIBLE RESISTANCEDear traders, As the weather conditions are fantastic in the Netherlands, I have been trying to figure out a couple of fantastic charts that may be worth to share with you. Introducing to you; Nexium. As far as I know the fundamentals should be quite fine- however my trading philosophy is; News follows charts. Trying to find structures within charts, aiming for shockwaves, consolidations and accumulations. Now, to get this chart into perspective; as you could see Nexium has been under severe accumulation (green and blue circles) while maintaining the longterm uptrend. As to be seen touching the orange line at the end of accumulation, shooting up with aggressive volume it seems the market seems ready for extensive legs up. Our first point of resistance will be at 0.00008978 to which in my opinion it is likely to burst through that level aiming for the All-time-high (MAJOR) resistance of 0.00012426, touching the majestic mathematical wonder of Fibonacci ^1. After a retrace I am expecting the continuation of the bull market, aiming for significant gains in rather short time. Bear in mind, these views are my own and should be taken as advice with CAUTION. Trade carefully and I would like to hear from you (in the comments). Feedback and discussions are warm-welcomed. Kind regards, Gabriel Molenkamp disclaimer: had to repost this one from yesterday due to the fact that vers 1. has been removed. The entry was at ±0.000078
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by GABSBY
2