NXT looks to be nicely completing the Wave A retracement as the descending triangle pattern is deep and right below the 0.786 fib level. This is usually a prime level to enter on coins. Volume is also decreasing and going into the stall zone which is a good indicator of a breakout. This however will begin the B Wave so be sure to lock in your profits and hop out as the coin gets near finishing it's correction. Are you in on this coin? Let me know.
Bình luận
⋅
This trade is testing my patience :) Patience is a good quality to have and it is getting a workout.
Sir i just bought some nxt when the price is .56 usdt, i am very much disappointed as i am newbie, will nxt grow up or is it dead
favio
⋅
@Ajesh, don't invest what you are not willing to lose
GannJourneyman
⋅
@Ajesh, @favio is right, however the coin is not dead but correcting from the massive price movement it just took. I was reviewing my trades the other day and realized how much profit I missed because of FOMOing and looking for the "big win" while I was actually sitting on it to begin with. My only advice is to HODL because you only take losses when you sell. Hang in there.
Ajesh
⋅
@smartincomepaths, sir what the above link says about, i dont understand as iam new to this
GannJourneyman
⋅
@Ajesh, you want me to explain that chart you posted above?
Ajesh
⋅
@smartincomepaths, yes if you have time to explain