NXT worth watching
NXT came back to sit on a strong support level (purple line), only to move back up into a congestion zone (yellow box).
This coin is worth watching as it is yet to join the recent Altcoin bull run. If NXT can break above the yellow zone there is potential for large returns while BTC remains strong.
Note the Daily RSI which has moved into overbought territory with price rise remaining comparatively modest. This indicates that we may see a slight pullback before a move up.
Good trading!
This coin is worth watching as it is yet to join the recent Altcoin bull run. If NXT can break above the yellow zone there is potential for large returns while BTC remains strong.
Note the Daily RSI which has moved into overbought territory with price rise remaining comparatively modest. This indicates that we may see a slight pullback before a move up.
Good trading!
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