There is a possibility for the beginning of an uptrend in NXSBTC
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 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00013642 to 0.00010182). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00013642)
Ending of entry zone (0.00010182)
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= @ 0.00016799
TP2= @ 0.00018287
TP3= @ 0.00021931
TP4= @ 0.00028481
TP5= @ 0.00039385
TP6= @ 0.00048141
TP7= @ 0.00056937
TP8= @ 0.00069433
TP9= @ 0.00085432
TP10= Free