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Nxt

NXT Buy OpportunityThe market corrected the previous upward movement. The price dropped to possible reversal zone formed by 0.786 Fib level and SMA50. This zone can stop and reverse the market and it's good for buying. RSI is at the oversold zone and it confirms price reversal. DMI allows opening long trades. This signal could be supported by MACD, but it still confirms downward movement. If you need an additional confirmation for buying, you should wait for MACD histogram reversal. But it's possible to place buy orders based on the existing signals confirming price reversal. Entry level is 0.750000 with stop orders at 0.420000 level. Profit targets are 1.250000 and 2.000000 levels. The part of trade volume can be left for long run.
NLong
by DLavrov
30
NXT BTC Don't expect a bounce...Yes, other TA folks are correct in noticing that this is about where it was before that massive pre-snapshot run-up. That's because the whales pulled out to save their gains, then others panicked and went elsewhere. That's also typical of news runners. Not to mention NXT has bearish sentiment due to the idea that it will be phased out against ARDR and future sidechains. However, there are other news/ rumor topics that can make NXT run through association with Jelurida. Example: nxtplatform.org Use what happened to LSKBTC back in November when people sold the news as a case study here. You got multiple bear traps all the way down to one of its strongest support lines, where the 200 MA touched previously. I think we'll see something similar in NXT as I'm expecting a sell-off of Ignis and ARDR as soon as everything goes back online Jan 1st. On that note I'd hold off on NXT to buy it around 3300 to 2700 range depending on how a likely BTC drop to 8600 levels will affect the alts. I notice that the BB are squeezing, so a bear trap here may be ready to play out. I don't expect a trend change anytime soon, though.
NShort
by RotiWokeman
1
NXT / USD Long as support = actual priceNXT has reached the 0.69 USD support / resistance. The following days will show if this price can be break easily or not. The 2 outcomes will be either a navigation between the actual price and the low resistance or the break of the resistance and a strong growth. Moreover the demand is ending a cycle showing a rebound may be to come soon. In conclusion, look out for the price to distance the 0.69 resistance and any sign of rebound. Analysis done by The Foil 31.12.2017 15:30 ---- Disclaimer: The content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. I write for analyzing, learning & discussing general and generic information related to investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. I do not provide personalized recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
NLong
by TheFoil
3
NXT: Desperately Searching for SupportBITTREX:NXTBTC has suffered from quite the drop since the IGNIS airdop event. It was well known that NXT was likely to drop after the airdrop but the severity of the drop was surprising to say the least. I sold below entry and have been waiting for an opportunity to re-enter as what goes down must come up. I expect NXT to recover soon but it is unclear at the moment how much ground it will be able to cover as it is likely that there are still sellers waiting for the price to rise before continuing the selloff. At the moment, however, it would appear that NXT is searching for support after a 50% retrace and possibly preparing for a reversal. It is currently oversold on the 4HR and TD Buy Setup is almost complete (Bullish TD Flip). It also appears that a very brutal Elliot Wave ABC correction is nearing completion. Though I would advice a great amount of caution, this my be a good price level to enter NXT (or if your still holding from the dump, a more forgiving exist may be on the way). ENTRY: <4200 (3900-4200) TARGET: Possible Targets and TP's on the Chart I haven't been posting as many ideas due to most on my time being spent on building indicators/a telegram alerts bot with the hopes of sharing them with you in 2018. Message me if you if you wanna get the jump on these or just wanna talk about TA as always. Onwards & Upwards
NLong
by myceliium
6
NXT - What's next? So as expected NXT dropped hard to exactly the target we defined!. I posted the analysis on the 25th, so hopefully some of you got the chance to get out before the huge drop. I also explained why IGNIS isn't worth taking the risk. You can see the previous analysis post in here: So now whats next? Well the RSI (Relative strength index) is showing that NXT is over sold, also the MACD is bullish. That said I'm expecting a small rebound in the coming few hours. I will need some more time to look at how the coin behaves with such volume after the majority sold out before being able to provide targets. I will keep updating this post regularly from this moment, so if you are in NXT or a NXT fan/holder stayed tuned.
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by DCFreak
86