NXT currently in falling wedge indicative of a upcoming bullish trend, will either bounce off MA20 (which also correlates with the falling wedge) or break through and find support at the MA50 support line.
RSI trend moving back from overbought, suggesting that it may be ready for another bullish run, however MACD still bearish. Despite this, upcoming news of December 28th IGNIS airdrop suggests a bullish trend upcoming.
If entering trade, wait for close above falling wedge and volume to support this movement, however, this is still a risky trade since it is currently at an ATH.
RSI trend moving back from overbought, suggesting that it may be ready for another bullish run, however MACD still bearish. Despite this, upcoming news of December 28th IGNIS airdrop suggests a bullish trend upcoming.
If entering trade, wait for close above falling wedge and volume to support this movement, however, this is still a risky trade since it is currently at an ATH.