NXS/BTC - forming a falling wedge (bullish reversal sign)

in cryptocurrency •  6 years ago 

Hey traders,

many altcoins got rekt (in BTC value more than in USD value) due to BTC-volatility!

Anyways, I am expecting a trend reversal for Nexus as it is performing a falling wedge:

Buy zone: 5850-6070 Satoshis

Stop loss: 5440-5645 Satoshis (~7% below buy price)

Selling targets: 6600 | 7300 | 8120 | 8810 | 9470 Satoshis


Another good sign is the fact that it ALWAYS jumps off this support zone:

In my eyes you should definately keep an eye on it!

Happy trading !

Disclaimer: Cryptocurrency is a risk investment and our posts aren't any financial advice. Our aim is to maximize the BTC value of our portfolio and share our ideas. Always #DYOR (do your own research)!
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NXS reached our first target at 6600 Satoshis - so far about 8-12% profit! ✅

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