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NEXOUSDT

NEXO Technical Analysis in Daily TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: NEXO is trailing in the middle of the support and resistance trendlines. It is interesting to see how the 50 EMA disallows the price from moving further, while the support at $1.170 holds it. A close above the 50 EMA will push the price for a short-term gain of 20%-25%. If the support weakens, consider entering NEXO at around $1.065. Key levels: - Primary Support: $1.170 - Lower Support: $1.065 - Primary Resistance: 50 EMA ($1.22) - Short-term Target: $1.4 to $1.5 DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
1
NEXO/USDT - Nexo: Resistance_Breakout_Confirmation SuperTrend◳◱ We have identified both a Super Trend pattern and a Resistance Breakout on the $NEXO / CRYPTOCAP:USDT chart. Both indicators are signaling a bullish trend, with the Super Trend showing a bullish trend and the Resistance Breakout confirming this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.715 | 0.763 | 0.847 and the major support zones are at 0.631 | 0.595 | 0.511. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision. ◰◲ General info : ▣ Name: Nexo ▣ Rank: 101 ▣ Exchanges: Binance, Huobipro, Gateio, Poloniex, Mexc ▣ Category/Sector: Financial - Lending ▣ Overview: Nexo offers crypto backed lines of credit and interest-bearing crypto accounts. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.717 ₮ ▣ 24HVol: 773,293.307 ₮ ▣ 24H Chng: 1.991% ▣ 7-Days Chng: 7.22% ▣ 1-Month Chng: -4.53% ▣ 3-Months Chng: -14.43% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.715 | 0.763 | 0.847 ◢ Support: 0.631 | 0.595 | 0.511 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.27 ▣ Last 90D: -1.39 ▣ Last 1-Y: -0.81 ▣ Last 3-Y: 1.23 ◲◰ Volatility : ▣ Last 30D: 0.47 ▣ Last 90D: 0.52 ▣ Last 1-Y: 0.84 ▣ Last 3-Y: 1.45 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.52 - Bullish ▣ Reddit sentiment score is 0.04 - V. Bearish ▣ In-depth NEXOUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
NEXO/USDT - Nexo: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $NEXO / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.692 | 0.744 | 0.846, and the major support zones can be found at 0.59 | 0.54 | 0.438. Consider entering a trade at the current price zone of 0.764 and targeting higher levels. ◰◲ General info : ▣ Name: Nexo ▣ Rank: 93 ▣ Exchanges: Binance, Huobipro, Gateio, Poloniex, Mexc ▣ Category/Sector: Financial - Lending ▣ Overview: Nexo offers crypto backed lines of credit and interest-bearing crypto accounts. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.764 ₮ ▣ 24HVol: 1,437,271.267 ₮ ▣ 24H Chng: 2.139% ▣ 7-Days Chng: 18.93% ▣ 1-Month Chng: 7.03% ▣ 3-Months Chng: 17.35% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.692 | 0.744 | 0.846 ◢ Support: 0.59 | 0.54 | 0.438 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -1.08 ▣ Last 90D: 0.81 ▣ Last 1-Y: -0.92 ▣ Last 3-Y: 1.25 ◲◰ Volatility : ▣ Last 30D: 0.65 ▣ Last 90D: 0.55 ▣ Last 1-Y: 0.85 ▣ Last 3-Y: 1.47 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.52 - Bullish ▣ Reddit sentiment score is 0.33 - Bearish ▣ In-depth NEXOUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
Crypto Nexo (Another BlockFi or Terraluna killer?)View On NEXO (21 Feb 2023) Nexo is very similar to the now defunct blockFi but it survived the last crypto meltdown. Nexo coin can be used as collateral to enjoy better interest payout. So, we can say there may be some kind of demand for the coin. Since it has dropped from the high of $5 and now it is at 0.75ish, I reckon we shall see some pull back UP first. $0.9 to $1 will be a good target region. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Long
by SonicDeejay
Nexo and EMAs to watch$nexo #nexo stuck at 200EMA on H4. Found support at the 50 EMA after it had been acting as resistance. Want to break through 200 EMA and not lose the 50 EMA otherwise retest of local lows in sights. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, know your target AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Don’t enter a trade based on one indicator. 10. Horizontals > Diagonals Please note: - This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!
BITFINEX:NEXOUSD
by DaCryptologist
Nexo ATH SoonNexo is one of my biggest Alt bags. I believe in this company long term, and I am seeing a nice long trade set up here so I thought I would share. EMA ribbon and both Super Trends flipped bullish on H12. RSI and OBV both in up trend. Short term, I see a move to 2.91 very likely after rounding out a bottom and breaking 2.53 horizontal resistance level and retesting. Close above 2.68 on H12 would confirm strong move up. Within next 2 weeks, 3.05 to golden pocket. By EOM, 3.43 would be next. Once NEXO closes above 3.43, I will be looking for a long play to 4.82 as the next power move up. 1st PT - 2.91 2nd PT - 3.05 3rd PT - 3.34 Long term PT - 4.82
BITFINEX:NEXOUSDLong
by DaCryptologist
8
NEXOUSDT Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE. DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
Long
by hadimozayan
1
NEXO waiting to break out#NEXOUSDT NEXO is an ERC-20 token that’s traded as a “restricted security” per the SEC registration exemption filed by Nexo. Nexo repayments can be made in fiat or crypto currencies. If NEXO is used to repay the loan, a 50 percent interest rate discount is gained. Holding NEXO entitles you to higher loan limits and a 30-percent Nexo profit-share payment. $NEXO broke out from long term descending resistance, and now is struggling to break another resistance zone, this break can increase the price to #3.2 and even $4 (80% -150%)
Long
by parissap
2
NEXO Primed to explodeHere are the next few targets for $NEXO. This is not only based on technicals but this is the governance token for a VERY solid defi platform with great interest rates, no staking required. Technically you can't beat it, right at the edge of the channel, just recovered from a double bottom and forming a sym tri consolidation. This looks prime to explode to the channel midline, although the prior high may provide some resistance. This is invalidated if we leave the channel.
Long
by DHuts
5