💡Don't miss the great buy opportunity in NEXOUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (3.0210).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
.NEXOUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 3.5600
TP2= @ 3.8000
TP3= @ 4.0000
TP4= @ 4.3500
TP5= @ 4.9000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NEXOUSDT trade ideas
NEXO 🚀 Symmetrical Triangle Breakout 🚩NEXO... in a recent AMA on YouTube, Co-founder and Managing Partner Antoni Trenchev dropped hints of a bank acquisition and potential stock offering. They have been aggressively buying back their own NEXO tokens off exchanges in the last 90 days to stabilize the price, as Trenchev believes the NEXO token should be fairly valued in the double-digit range.
Personally, this is not a short-term trade. I would stake NEXO on their platform and receive 30% of the company profits in the form of dividends (paid out in Bitcoin) and compound your gains over time.
😎 If you feel like this was valuable information... my affiliate link is here to purchase NEXO:
nexo.io
More details in the comments below on NEXO! 👇
NEXOUSDT - EW analysis - 5th wave up NEXOUSDT - It is in 5th wave, where 1st subwave formed a leading diagonal. Wait for 2nd subwave pull back to get in to trade with stop level below 1.742 for target of new high. The 3rd wave is expected to be sharper.
Give thumbs up if you really like the trade idea/analysis.
NEXOUSDT - EW analysis - impulse upNEXOUSDT - It is in 5th of 3rd wave up and expecting one more wave up to finish the current cycle up in 30 min time frame. There is a small correction down before it reverses in 30 min to go for higher high.
Give thumbs up if you really like the trade idea/analysis.
NEXO Looking To Set New ATH Just Below $2Massive increase in userbase and huge upside momentum are on the side of Nexo. The price has stabilized around $1.70 for the past few days and it is holding strong. IMO Nexo is looking to break up through 2 fib levels and test the resistance at $2. Let me know what you guys think.
