DLavrov

NXT Long Opportunity

Long
Price reached 0.100000 support level. It's a possible reversal level and we have trading opportunity. We can buy from the market with stop orders below 0.085000 and profit target at 0.180000 resistance level. RSI confirms price reversal in the oversold zone. MACD histogram supports possible up movement. DMI allows open long trades. If you want to buy based on a more reliable signal, you should wait for the moment when price breaks the downtrend line. It will be an additional confirmation that the market is going to move higher. If price breaks 0.100000 level, we'll see down movement to the strong support zone formed by 0.080000 support level and MA100. It will be new trading opportunity.

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