Technical Analysis
NXT has a good potential to pop up to the 5500 - 6000 satoshi level. Looking at all of the higher time frames it seems that it has accumulated a lot of buying positions and will be soon ready to give us a nice pop up. It still has significant resistance around the 4500 satoshi. So I'm expected it to bounce off that level a few times until we are ready to fully break it. I would ONLY try to buy NXT at the 3500 satoshi OR LOWER!!! That way it will give us a more optimum entry and time to let the market play out. I would also try to catch a buy on the HTF Daily Green trendline if you can :).
This isn't a HUGE playmaker play, but it should still be profitable. I haven't posted in a while because I haven't been trading the major cryptos lately :). Once the market shows us more volatility I'll begin to post daily again
NXT has a good potential to pop up to the 5500 - 6000 satoshi level. Looking at all of the higher time frames it seems that it has accumulated a lot of buying positions and will be soon ready to give us a nice pop up. It still has significant resistance around the 4500 satoshi. So I'm expected it to bounce off that level a few times until we are ready to fully break it. I would ONLY try to buy NXT at the 3500 satoshi OR LOWER!!! That way it will give us a more optimum entry and time to let the market play out. I would also try to catch a buy on the HTF Daily Green trendline if you can :).
This isn't a HUGE playmaker play, but it should still be profitable. I haven't posted in a while because I haven't been trading the major cryptos lately :). Once the market shows us more volatility I'll begin to post daily again
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^^FREE Youtube videos coming soon so subscribe :D
-Ryan