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Analysis

Trade Recommendation: NXT

Posted on September 16th, 2017.

The market bounced from 0.060000 support level. RSI and a bullish candle confirm price reversal. MACD histogram supports possible upward movement. We can try to catch possible upward movement. Pending orders for buy can be placed above the high of the signal candle. Stop orders must be at 0.038000 level. The profit targets should be at...

Featured

Analysis

Trade Recommendation: NXT

Posted on August 23rd, 2017.

Let’s look at the daily chart of NXT. We can see that the price bounced from 0.100000 support level. The market formed a new swing low which can be used for drawing a new uptrend line. This line will be a support and signal line for an upward movement. We have trading opportunity and it’s possible to entry the market based on...

Featured

Analysis

Trade Recommendation: NXT

Posted on August 7th, 2017.

Based on the 4H chart of NXT we see that market moves upward in the borders of the ascending channel. After reaching 0.180000 level, the price reversed and dropped to a support level. We can spot a good reversal zone formed by the trend line of the ascending channel and 0.125000 support level. If the market reaches this zone and bounces,...

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