Trade Recommendation: NXT
Bullish divergence gives a trend reversal signal. We should be ready to see a new upward movement. RSI confirms price reversal from 0.0000100 support level. MACD histogram supports upward movement. DMI allows to open long trades. We should buy based on a breakout above the local swing high. It will gives us an additional confirmation that the market is going to move upward. Pending orders for buy should be placed at 0.0000120 level with stop orders at 0.0000094 level. Profit targets are 0.0000160 and 0.0000200 levels. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
Profit Targets: 0.0000160 and 0.0000200
The trading signal is based on Poloniex chart.