Trade Recommendation: NXT

The price is going to bounce from Kijun line of Ichimoku indicator. RSI confirms price reversal. DMI confirms trend market conditions and allows trading. If the price breaks the downtrend line, it will be an additional signal confirming further upward movement. We can buy based on this breakout. Entry level is 0.122000 with stop orders at 0.097000 level. Profit targets are 0.150000 and 0.190000 levels. If you don’t use leverage, trading volume for this trade is up to 5% from your deposit.

Market: NXTUSD
Buy: 0.122000
Stop: 0.097000
Profit Targets: 0.150000 and 0.190000

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

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.