Some of you have asked me to make a Bittrex NXT to BTC version of my NXT to USDT chart. Here it is.
For those of you just joining us, please check out my charts on this coin. My predictions have been fairly accurate since December 5th.
The rebuy zone has already passed from the USDT chart has already passed.
On the BTC chart you can see a clear symmetrical triangle forming. A note of caution: a symmetrical triangle is neutral. Another note of caution: a symmetrical triangle can turn into an ascending or a descending triangle over time.
That said, I've added in blue arrows indicating what I think will be the most likely path over the next 2 days. When the price touches the 1.6 fib extension, I will need to recalculate for the next leg.
For those of you just joining us, please check out my charts on this coin. My predictions have been fairly accurate since December 5th.
The rebuy zone has already passed from the USDT chart has already passed.
On the BTC chart you can see a clear symmetrical triangle forming. A note of caution: a symmetrical triangle is neutral. Another note of caution: a symmetrical triangle can turn into an ascending or a descending triangle over time.
That said, I've added in blue arrows indicating what I think will be the most likely path over the next 2 days. When the price touches the 1.6 fib extension, I will need to recalculate for the next leg.
