If bitcoin settles or continues its bullish movement look for continued growth in alt coins. After a steady decline and correction since 2/24/17 NXT maybe looking to make a trend reversal. NXT is extremely oversold over the last week and the STOCH & RSI are starting to turn upward indicating a possible bounce from the support line on or near 2035. Look for this possible trend reversal at or above this number. If the coin breaks below 2035 look for it to fall to the next level of support around 1600. This will not be a straight shot to the targets points.
Trade
Entry .00002035 - .00002200
Target
A) .00003034 50% B) .00002515 C) .00004924 138%
Stop Loss .00001661 20%
This is not financial advice just my idea on how I will be joining my trade. Remember never risk what you can not loose and Investing in anything is speculative and contains risk.
@oussue, still seeing positive signs looks to be moving up. We’ve seen about a 5% gain on the day so far!
erstehilfe
⋅
firstly, thank you very much for your efforts. Apparently, the nxt scam, the price has dropped from 2 to 0.25 in a full month, as their strategy is weak compared to currencies xlm, xrp, eth ....
@vthokiee97, nxt appears to be working hard to recover from their past problems. The platform I think is based on good technology. It has a lot of upside for this coin especially at its current price.