Panjang
NXT/USDT Entry Reward to Risk 5:1
NXT is in a symmetrical triangle; however the icloud is below which suggest a bullish bias. If we exit the top of the triangle a trade can be initiated with the first target being the upper end of the rising channel.
The final target is .76; however, some should be left for the continued run up to the Ignis airdrop (NXT holders will receive 0.5 Ignis based on a snapshot on 12/28)
twitter.com/Jelurida/status/937689555171446784
The final target is .76; however, some should be left for the continued run up to the Ignis airdrop (NXT holders will receive 0.5 Ignis based on a snapshot on 12/28)
twitter.com/Jelurida/status/937689555171446784
Nota
Well, that's annoying. As I was posting, it turned into a descending triangle. Which is a bearish pattern.Still, there is good support at the .786 fib, which is also cloud support in this case. I'll still enter on a break above the top of the triangle.
Nota
Well, the symmetrical triangle (neutral) turned into a descending triangle (bearish), which then turned into a descending wedge (bullish).Frankly, this makes more sense given the support at the .786 fib is holding, and we've entered the 1 hr cloud.
As such our entry point has been adjusted down to .428. Our stop will be just below the could, and we have a new partial take profit just below the previous high.
Nota
Moving this to a new post.
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.