NXT - Technical Analysis

in bitcoin •  7 years ago 

nxt1.png

Within' this four hour chart NXT has spent the better part of the last two weeks moving sideways in price. This pattern broke to the upside as the front weighted 18average of highs & lows is now rising. This is why I bought during the sideways range and am now looking for patterns to show indications to go long.

An example is when price moves back to the band for a small period of time and then starts to lift higher. Then as it first leaves such it can often times extend to nice gains.

Derek.

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Welcome to Steemit. I've been subbed to your youtube channel for awhile. Glad to see you here!

  ·  7 years ago (edited)

Derek, I just watched your youtube channel. WELCOME to STEEMIT. Glad to see you on the forum. I am truthwatcher and have been subscribed to your channel for years. Literally. I am now following your Steemit Blog - I also just created an introduction for you on my blog. Here is the link. Good luck.
https://steemit.com/introduceyourself/@crowe/introducing-derek-from-youtube-he-is-a-known-financials-analyst-and-gives-reports-dealing-with-precious-metals-economy-etc

hi Derek, glad to see you on steemit. I enjoyed your Youtube video and now I will enjoy your steemit content as well.

Upvoting and following you now.
I also talk about silver, gold, survival and cryptos on a daily basis. So check it out at @ajain.

ajain, you are also a fan of derek? Cool. good to see you on the forum. Take it easy.

I forgot to mention that I wrote a great satire on cryptos today. You will love it. Check it out.
https://steemit.com/cryptocurrency/@ajain/american-airline-to-launch-its-crypto-coin-fly-fake-or-real-news

checking it out now.

meep

yup, have been following him for years now. Pure technical analysis, no hyperbole! Just the way I like it.

Great to see you on Steem Derek! Keep the videos coming, long time listener here from Toronto.

Welcome
Hope you find it nice here
I am your new follower

This thread might explain the recent rise in NXT?
https://www.reddit.com/r/NXT/comments/6jelat/cause_of_the_sudden_rise/

Good points in this post. I was about to post a similair thread. The crypto market: High risk high gains!. That doesn't mean that a gain is guaranteed though. There's simply no guarantee in anything in life and especially not in a high risk market. Do you know this interesting site? https://www.coincheckup.com This site gives a complete analysis and investment stats on every single tradable crypto out there.