Chart with time retracements and important (current) resistance lines. Watch, learn and see!
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So from what I see is that both BTC and the other USD pairs are bearish till 21 January. After that they should be heading up. Alts BTC pairs might dump a bit but the USD should go up.
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NXT/USDT
Buy 0.29-0.40
Sell 0.53/0.65/0.82
Expected date of up, after 21 January.
Buy 0.29-0.40
Sell 0.53/0.65/0.82
Expected date of up, after 21 January.
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Nicely in the wedge, should eventually break up and pump.
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Chart with price levels
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0.46-0.53 TP, these are daily EMA 20 and 30 Resistance
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4H Timeframe and Waves
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Its out of the yellow triangle/wedge which is a good sign we are breaking resistance, daily macd turning bull would help us further.
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Mathematical heat-map where and when to buy are best
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So sell target around 0.50-0.63 cent.
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Big 2.5 million USD buy wall on Poloniex :D
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On the right side you can see volume bars where relatively speaking is bought most at that price.
So yesterday there was a big wall and it bought some good amount around 0.36-0.38 cents and was not pulled away, my idea is that this would be for longterm accumulation then since we are at a pretty low level for NXT. It appears to make a triangle wave and should then head up after breaking out this consolidation.
On the right side you can see volume bars where relatively speaking is bought most at that price.
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We are getting there!
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And really pushing that upper resistance now, take off today I think!
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Update on NXT USDT, it failed to hold support sadly but will retest 0.43 cents in future. With such down retracement (ATH at $2) it's better to hold since retracement will kick in. We are most probably going up after 10 Februari, some bouncing until then and consolidation.
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Well it hit lowest 0.12556 line, sideways possible but I still expect a big retracement up in the future. Towards +0.30 area if not more.
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It has been a long wait, but NXT is leaving the white dotted resistance shown in main chart. This means the major resistance from the downtrend is ending.
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TAKE OFF INITIATED
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NXT Targets 0.3425/0.43/0.58 cent.
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Update
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NXT making cup and handle, inside a larger cup.