ForecastCity

A trading opportunity to buy in NXSBTC

Long
BITTREX:NXSBTC   Nexus / Bitcoin
Technical analysis:
. Nexus/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00009200 to 0.00008100). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00009200)
Ending of entry zone (0.00008100)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00011300
TP2= @ 0.00013350
TP3= @ 0.00015900
TP4= @ 0.00018300
TP5= @ 0.00022100
TP6= @ 0.00024600
TP7= @ 0.00036600
TP8= @ 0.00046300
TP9= @ 0.00055900
TP10= @ 0.00069700
TP11= @ 0.00087220
TP12= Free

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