NXTUSDT
NXT Buy OpportunityLet's look at the daily chart of NXT. We can see that the price bounced from 0.100000 support level. The market formed a new swing low which can be used for drawing a new uptrend line. This line will be a support and signal line for an upward movement. We have trading opportunity and it's possible to entry the market based on a breakout signal. Pending orders for buy should be placed at 0.118000 level. Stop orders must be placed below the support level and the uptrend line at 0.090000 level. Profit targets are at 0.180000 and 0.240000 resistance levels.
Scenarios of NXTUSDTPOLONIEX:NXTUSDT
The recent rally in NXT could have been A-B-C upward push from the recent bear. With that the bear market should resume however the alternate count looks too Bullish. In the Bullish case, this could be initial phase of Wave (3) which could take prices much higher than current levels. The current counter trend push is potentially a Wave (ii) of bigger wave (3). If this wave interpretation is true then Wave (iii) should start with sharp rise with initial target of .187 and eventual breakout of that resistance.
With recent highs in BTC, I would be more biased to bullish case.
NXTUSDT - Recent uptrend to continue after the pullbackWith the current weakness in BTCUSD, NXTUSD pair looks good for Bullish scenario. A bullish candle between .1157 and .09353 levels which are Fibonacci levels of 38.2 and 61.8 respectively would offer an ideal entry.
NXT How to TradeAfter reaching 0.180000 level, the price reversed and dropped to a support level. We can spot a possible reversal zone formed by the trend line of the ascending channel and 0.125000 support level. This zone is good for buying based on a confirmed reversal signal. Also we can entry the market based on a breakout signal. The high of a bullish candle should be used for placing pending orders for buy. RSI already reversed in the oversold zone and it tells us that the market can start upward movement without reaching the trend line. Entry level for long trades is above 0.142400 with stop orders below 0.119000. Profit target should at 0.180000 level.
NXT Buy OpportunityThe price bounces from the support zone formed by MA100 and 0.10000 support level. RSI confirms price reversal. MACD histogram is going to support the upward movement. DMI allows open long trades. We have buy oportunity. Entry level for long trades should be above 0.13000 resistance level. Stop orders must be placed below 0.09200 level. Profit target should be at 0.18000 resistance level.
NXT Entry LevelsNXT like other coins moves in a range. We can draw a horizontal channel between a resistance and a support levels. Short terms trades can be opened when price bounces from the bottom border of the price channel. Stop orders for such trades must be placed below the support level. Profit target should be the top border. If price breaks the resistance level, we'll have a new buy signal with profit target at 0.125000 resistance level.
NXT Buy OpportunityPrice passed through the kumo and it's going to break 0.100000 resistance level. DMI confirms a strong upward movement and allows trading. We have buy opportunity. Entry level for opening long trades can be at 0.108000 level which is higher than the previous swing high. Stop orders must be placed below 0.079000 level. Profit target can be at 0.140000 level or we can hold these trades for long term.
NXT Double Bullish DivergenceThe market gave us a strong trend reversal signal like a double bullish divergence. RSI confirmed price reversal from the support level. MACD confirms an upward movement. DMI allows open long trades. We can buy above 0.080000 and hold these trades in long term. Stop orders must be placed below 0.053000 level. Don't forget that the markets still can drop to new lows. You should not trade big volume.
NXT Bullish Divergence Price bounced from 0.070000 support level. RSI confirms price reversal and do it in the oversold zone. MACD histogram confirms up movement. DMI does not confirm strong down movement and it allows open long trades. Price diverges with RSI and MACD histogram and it gives us a trend reversal signal. We have long opportunity. We could open long trades but price dropped below 0.100000 support level. Now this level is a barrier for possible up movement and it plays as a resistance level. We have to wait when price returns above 0.100000 and only after that we should open long trades with stop below 0.070000 level. Profit target for long trades must be at MA100 and 0.130000 resistance level. Bullish divergence is a strong reversal signal in falling markets. But not always price moves up after such signals. That's why proper money management is the key to stable and profitable trading. Don't forget about it when you open new long trades.
NXT Long OpportunityPrice reached 0.100000 support level. It's a possible reversal level and we have trading opportunity. We can buy from the market with stop orders below 0.085000 and profit target at 0.180000 resistance level. RSI confirms price reversal in the oversold zone. MACD histogram supports possible up movement. DMI allows open long trades. If you want to buy based on a more reliable signal, you should wait for the moment when price breaks the downtrend line. It will be an additional confirmation that the market is going to move higher. If price breaks 0.100000 level, we'll see down movement to the strong support zone formed by 0.080000 support level and MA100. It will be new trading opportunity.
Long at market Fibonacci && Depth market Analysis && Resistance 3210 && big movement of ardr (Ardor – Blockchain as a Service Built on Nxt Technology)
My NXT/USD outlook for this week. (Poloniex)It looks like NXT/USD is reaching for the $0.10 to $0.11 cent, and then I would expect a pullback into it's long-tern channel to the $0.85 to $0.75 cent.
Of course as always will depend on Bitcoin movements.
After long fall this coin has a chance..I`ve pointed most impotrant levels for buy/sell of POLONIEX:NXTBTC
You can try to catch the price!
NXT, very LONG!We will see great movements "UP" on the NXT and STEEM chart in the next few weeks, be excited and don't miss the train again!
Here is my old Lisk chart, if you doubt on my authority and knowledge:
my last 4 charts was correct, just look at my profile.
What is NXT?:
www.youtube.com
Nxt uses brand new software. It’s not a fork of Bitcoin's code. (Nxt Source Code).
Nxt improves different features of Bitcoin, removes some disadvantages and
resolves a big environmental issue.
Nxt Decentralized Asset Exchange
Nxt Voting System
Nxt Phased Transactions
Nxt Nxt Marketplace (decentralized buying and selling goods)
Nxt Monetary System (Bitcointalk Topic)
Nxt Decentralized Alias System / DNS. Register names and assign them to URIs.
Nxt Alias Trading/transfer
Nxt Encrypted messages (and data) on the blockchain
Nxt doesn't have a loc. wallet , but a safer brainwallet.
nxtforum.org
best wishes your Altcoinanalytics!
