If its broke the first white trendline the price action activate a domino effect which lead to a run if the price broke the grey supply zone there is a chance it will go down at the ATL zone.
Looks like we're seeing some NEXA consolidation coming towards a squeeze on the weekly chart, if we manage to close above the downwards trend on the weekly, I think NEXA could be in for a re-test of ATH.
💎Paradisers, let's focus on #NEXAUSDT, where the current trend suggests a potential for a significant bullish rebound from its crucial support zone.
💎Examining #Nexa's recent market performance, we observe a gradual 65% decline after encountering resistance at a major supply level. However, resilience is notable around the support level of $0.0000059, indicating...
#NEXA appears promising with a notable breakout. When it experiences a pump, it consistently generates a sequence of green candles, showcasing a strong and continuous upward movement.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
I'm fairly new to this, but anyone else see this? We've been trending down for a while, but this thing looks ready to change course. Let me know if you think the same or if you have other ideas for it.
Sure, here is a short fundamental overview of Nexa Coin, recent news, and disclaimer.
**Short Fundamental Overview**
Nexa Coin is a cryptocurrency that is used to power the Nexa ecosystem. The Nexa ecosystem is a decentralized finance (DeFi) platform that provides a variety of services, including lending, borrowing, and trading. Nexa Coin is used to pay fees for...
NEXAUSDT is currently in a strong downtrend following the breakdown of the price base zone. The Fibonacci extension levels on the chart suggest potential support areas where the price might find temporary stability or a reversal. Keep them under your close watch.
Remember to conduct your own analysis and apply risk management strategies when making trading decisions.
On November 25th, Nexa made an ATH at 0.00002.
Following its ATH, Nexa began a correction to the 0.5 Fib at 0.0000177. For the last eight days, this level has been holding solid.
Nexa is Consolidating between the 0.5 and the 0.382 Fib levels. A daily close above the 0.382 Fib will likely reignite the bullish momentum.
The 21D EMA is resistance, and I would wait...
Nexa is a Proof-of-Stake (PoS) blockchain platform that aims to provide a scalable and secure infrastructure for decentralized applications. Nexa is based on the Tendermint consensus algorithm, which is a Byzantine Fault Tolerance (BFT) algorithm that ensures the network remains consistent even if some nodes are unavailable or malicious. Nexa also uses a Delegated...
Nexa is making a W on the weekly chart. Nexa can jump up to 0.00002 in a few weeks, we believe in this project because the team behind it is bitcoin cash BCH with a market cap of $4B. NEXA is still under 20 million dollars .
This is my view of nexa. You can buy now. The targets and stop-loss are shown on the chart Note, these currencies are very dangerous. You are responsible for your money
