It seems NXT is progressing through an extended wave3 count on the Minor period and wave 1 on the Intermediate period.
Currently price action is inside a massive resistance area, with all EMAs flared whilst price action is well above the 13 'EMA' Ketchup. 'TDI' already shows signs of overbought position with the 'RSI' line already in the '70.0000' area and possibly about to form a sharkfin. I'm expecting the RSI to breach the '80.0000' area to the Wave3 target.
This coin is bullish for me and I'll be holding and adding to my position once wave 4 has been completed.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
.....::::: If you like this chart, please click on the THUMBS UP! :::::.....
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Currently price action is inside a massive resistance area, with all EMAs flared whilst price action is well above the 13 'EMA' Ketchup. 'TDI' already shows signs of overbought position with the 'RSI' line already in the '70.0000' area and possibly about to form a sharkfin. I'm expecting the RSI to breach the '80.0000' area to the Wave3 target.
This coin is bullish for me and I'll be holding and adding to my position once wave 4 has been completed.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
.....::::: If you like this chart, please click on the THUMBS UP! :::::.....
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