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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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.
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.