Lest have a look at 1 day charts of NXT. Symmetrical line from 10 of march 2017 shows us that NXT get to the bottom of it's correction and should now go UP. There is not much to explain about it, everything is on the graph.
The only problem I can see right now, is low volume. But that's can change at any time.
The most amazing think about NXT in my opinion is that it doesn't have a huge influence of BTC as others cryptocurrencies. Lets have a look on todays charts of LTC/XVG/ETC, they all followed BTC, but NXT was diffrent. It stayed at the same level when BTC was rising and when it's starts falling down.
Thank you for reading, feel free to leave your feedback .
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
What you are thinking about right now?
Your red support line is broken. As your first chart is supposed to be 6$ right now. I wish that was right.
erstehilfe
⋅
thanks a lot to all efforts probably but btc goes down every day, so nxt is risk
Coder775
⋅
@erstehilfe, take a look, that BTC doesn't have huge influence in NXT. There is a few scenarios about BTC. I hope we will go down, because that will make NXT stronger.
erstehilfe
⋅
@Coder775, thanks for the analysis . i hope to go up nxt, ne happy to everyone