DCFreak

NXT - What's next?

DCFreak 업데이트됨   
BITTREX:NXTBTC   NXT / Bitcoin
So as expected NXT dropped hard to exactly the target we defined!. I posted the analysis on the 25th, so hopefully some of you got the chance to get out before the huge drop. I also explained why IGNIS isn't worth taking the risk.

You can see the previous analysis post in here:



So now whats next? Well the RSI (Relative strength index) is showing that NXT is over sold, also the MACD is bullish. That said I'm expecting a small rebound in the coming few hours.
I will need some more time to look at how the coin behaves with such volume after the majority sold out before being able to provide targets.
I will keep updating this post regularly from this moment, so if you are in NXT or a NXT fan/holder stayed tuned.
코멘트:
Small mistake, the origianl NXT idea was posted the 24th not the 25th
코멘트:
5 min candle chart:

Rsi is near overbought
MACD isn't looking so good

1 hour candle:

RSI is near oversold
MACD is looking good

Meaning don't expect the coin to fly in few mins. within an hour + I can see the coin moving up.
코멘트:
Bearish Ichimoku Cloud
Underbought RSI
Bullish MACD
코멘트:
In other words....no clear idea yet.
코멘트:
Ok now that some time have passed, we kindoff have an idea of the trend:
Its in a falling wedge which usually tends to break upwards, if it does, a first target is indicated.

 
코멘트:
Broke up from the falling wedge.
코멘트:
Ok so in 1 hour candle, NXT is bearish still. If this changes anytime I will update the post. Its hard to make possibilities in a 1 min candle chart.

 
코멘트:
Sorry guys I forgot to update you on this.
The last update I mentioned that NXT is bearish, and it still is.

One asked me if he should buy a lot of NXT because its so cheap now, so I replied back to him with no, NXT might go to the low mid 3k sat range, and indeed I'm seeing a movement in this direction.
코멘트:
Rising Megaphone.
I believe we are heading to 4.2k sat, maybe more.

SELL LOSS!! as usual, watch out from BTC and have a sell loss.
코멘트:
Thats what I'm talking about

코멘트:
IGNIS is now on bittrex!! you can trade it.
거래청산: 타겟 닿음

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.