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Trade Recommendation: NXT

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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.

Market: NXTUSD
Buy: 0.082000
Stop: 0.048000
Profit Targets: 0.130000 and 0.180000

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The trading signal is based on Poloniex chart.
Disclaimer: The analyst does not have investments in NXT.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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4 Comments

4 Comments

  1. bijicurrency

    November 21, 2017 at 1:57 pm

    Guys I just love you. I calculated after selling the Nxt and: You helped me get 42% in the last 11 days. Keep up the good work, you are the only website I wanted notifications from. You should build mobile applications and I can help you with that If you need.

  2. emceeanders

    November 21, 2017 at 10:09 pm

    Argh…cashed out to early, still cleared 15%. Next time I will listen to the advice.

    • bijicurrency

      November 22, 2017 at 7:31 am

      The thing is that if you can trust more you can buy at 0.144 and sell 0.170. Tbh I dont think the risk is necessary at this point for short term.

  3. gasdoc55

    November 22, 2017 at 6:26 pm

    NXT will likely keep on going up until at least Dec. 25th, since that is the date of the IGNIS snapshot whereby NXT holders will be awarded 1 IGNIS for every 2 NXT they hold. Let’s not also forget that ARDOR will have the same trend until the same date (of the launch of the Ardor platform).

    Cheers!

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Cryptocurrencies

Trade Recommendation: Litecoin

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In spite of the market looks too overbought and it can start correction movement at any time, Bitcoin shows that even such markets can continue make new highs. This trading idea is based on a breakout above the resistance level with further upward movement. The price bounces from Tenkan and Kijun lines. DMI shows that the bulls become stronger and it supports the buy signal. Pending orders can be placed at 330.00 level with stop orders below the local swing low at 278.00 level. Profit targets are 400.00 and 450.00 levels. This is a high risk trade. The market did not correct the previous good upward movement. It means that Litecoin can drop and we must be ready to such falling. Don’t invest much volume in this trade and use stop orders. If you don’t use leverage, trading volume for this trade is up to 5% from your deposit.

Market: LTCUSDT
Buy: 330.00
Stop: 278.00
Profit Targets: 400.00 and 450.00

// -- Discuss and ask questions in our community on Workplace.

The trading signal is based on Poloniex chart.
Disclaimer: The analyst are some invested in Litecoin.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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Cryptocurrencies

Trade Recommendation: IOTA

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If the price bounces from the support zone formed by SMA100 and 3.00 level, we should expect for continuation of the uptrend. When the price breaks the downtrend line, we’ll get a buy signal and an additional confirmation of further upward movement. Pending orders for buy can be placed above the local swing high at 4.10 level with stop at 3.30 level. Profit targets are 5.00 and 8.00 levels. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.

Market: IOTUSDT
Buy: 4.10
Stop: 3.30
Profit Targets: 5.00 and 8.00

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The trading signal is based on Bitfinex chart.
Disclaimer: The analyst does not have investments in IOTA.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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Cryptocurrencies

Trade Recommendation: Ethereum

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The market is overbought and we have to expect for a correction. The price can bounce from the resistance zone formed by the downtrend line and 700.00 resistance level and continue downward movement. But we also know that sometimes crypto markets move out of logic. We must be ready to catch a new strong upward movement to new highs. Is it possible? I think yes and Bitcoin confirms it. We can use a breakout above the resistance zone for opening long trades. Entry level is 708.00 with stop orders at 670.00 level. Profit targets should be 750.00 and 800.00 levels. This is high risk trade and the best entry levels are much lower. Don’t invest too much in this market now. It’s better to wait for a good correction and buy based on solid reversal signals. If you don’t use leverage, trading volume for this trade is up to 5% from your deposit.

Market: ETHUSDT
Buy: 708.00
Stop: 670.00
Profit Targets: 750.00 and 800.00

// -- Discuss and ask questions in our community on Workplace.

The trading signal is based on Poloniex chart.
Disclaimer: The analyst are some invested in Ethereum.

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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