NXT is currently consolidating after making a large move upwards. I believe there is more room to go. An entry signal would be the close of a 4 hour candlestick above 1600.
The next resistance after 1600 is 1800. Here is my daily chart to support that comment.
EXIT SIGNALS:
Could sell at the break of the equilibrium pattern support
OR
Sell at break of key support level.
ENTRY SIGNALS:
Enter at break of 1600 resistance
OR
Enter at break of 1800 resistance.
Alternatively, you could enter now and potential grab even higher % gains - however, much riskier imo
DISCLAIMER:
This is just my opinion so take my advice at your own risk! Good luck and happy trading everyone :]
The next resistance after 1600 is 1800. Here is my daily chart to support that comment.
EXIT SIGNALS:
Could sell at the break of the equilibrium pattern support
OR
Sell at break of key support level.
ENTRY SIGNALS:
Enter at break of 1600 resistance
OR
Enter at break of 1800 resistance.
Alternatively, you could enter now and potential grab even higher % gains - however, much riskier imo
DISCLAIMER:
This is just my opinion so take my advice at your own risk! Good luck and happy trading everyone :]
Nota
Just made a trade on the 1 hour time frame on the break of previous resistance and sold at 1800 key resistance.I am expecting consolidation between 1600-1800 range.
Will look for re-entry at break of 1800 key resistance or bull reversal candlestick support at 1600.
My HR chart:
Nota
I've just learned that NXT will be airdropping 0.5 IGNIS for every NXT you hold around 12/25.Personally, I'm not sure how to obtain your IGNIS if you hold NXT; however, it's something to look out for if you're HODL'in
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.