Wetdog544

NXT Closer to Breakout Confirmation

Long
POLONIEX:NXTBTC   None
NXT eventually broke through the Resistance in an upwards direction after following a very long descending wedge pattern. The Gann Fan is now used to confirm this breakout. NXT passed the first test by crossing the 1/1 line. The next test is to see if NXT crosses the 2/1 line. At that point the breakout will be confirmed and you can decide what investment, if any, you want to make.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.