NXT Strong Domination Against Bitcoin

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NXT has been performing exceptionally well against Bitcoin , in fact, it is one of the top gainers today. During the past 24 hours, NXT/BTS went from 900, up to 1400 satoshi, gaining around 50%.

This tendency is very likely to continue as NXT/BTC found the support at 700 satoshi that has been rejected. After that price started to rise and broke through two descending channel . Today it is breaking above the 200 Moving Average showing the strength of NXT over the Bitcoin . Not to mention the bullish divergence formed on the MACD .

The Fibonacci applied to the corrective wave after the channels breakout shows that there is very strong resistance at 2300 satoshi area that corresponds with 23.6% Fibonacci retracement applied at the all-time high and the current support.
Kommentar: Target reached, correction is likely
Kommentar: After this correction could be another wave up, but break above tresistance is required
Trade geschlossen: Ziel wurde erreicht
pls clear about hi tech i am waiting for nxt update
Nice clear and clean TA! THX! :D
HiTech Al_WaySlate
@Al_WaySlate, u r welcome :) hopefuly will work out for everyone
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