Trade Recommendation: NXT
This is a long term trade. The price bounced from 0.060000 support level and moved upward. If the market can break SMA100, we’ll get a signal confirming a trend reversal. MACD and DMI support upward movement. Pending orders for buy should be placed at 0.082000 level with stop orders at 0.048000 level. Profit targets are 0.130000 and 0.180000 levels. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.
Profit Targets: 0.130000 and 0.180000
The trading signal is based on Poloniex chart.
Disclaimer: The analyst does not have investments in NXT.