NXT - Nice long term triangle - Break Out soon

in #trading6 years ago (edited)

Hello all,

Here is an interesting crypto easier to buy (+- $0,68) for all the people : NXT

We can see clearly a nice long term triangle in formation on the 4 hours chart :

NXTUSD.jpg

I draw a green line to show you that the candles are entering in the triangle via the low of it. This is often an indicator that the break out will be a Break Out UP but no one can be 100% sure of the direction that the Break Out will take.

Here is my method to trade all the triangle patterns :

  • Wait the start of the Break Out
  • Enter with your position by following the trend
  • Determine your profit target when you know the price of your entry
  • Wait and adapt if needed your profit target to sold your position with I hope a nice profit.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] NXT - Triangle long terme - Break Out imminent

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

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Unfortunately bitcoin will turn the alt market in to a see of red again. I'm starting to wonder if it's ever going to end

There is an end to everything ;) Don't expect that the altcoins won't make any profits anymore .

It was wise to mention about an end to everything but you contradict yourself about the altcoins. The ecosystem of cryptocurrencies is about innovation, therefore about altcoins, for this reason I am definitely sure you are wrong about it. By the way to call a strong crypto like Dash or Ripple - altcoin is the same as to devalued it right at the spot, forget the nomenclature altcoins, call each crypto by it's own ID.

Weird

Great 🙏. Thanks for your work

Merci mec crypto!

it does look like its going to break up

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