Having reached the level of 0.180000, the price changed and fell to the support level. We can determine the possible reversal zone formed by the trend line of the uplink and the support level of 0.125000. This zone is good for buying on the basis of a confirmed turn signal. We can also enter the market on the basis of a breakout signal. The height of a bullish candle should be used to place pending buy orders. RSI has already turned over in the oversold zone, and it tells us that the market can start moving upwards without reaching the trend line. The initial level for long trades is above 0.142400 with a stop order below 0.119000. The target profit should be at the level of 0.180000
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Good points in this blog. Thanks for bringing this to my attention. Buy low, sell high, it seems so simple but most investors still don't seem to get it :-) An interesting website I found: https://www.coincheckup.com Every single coin can be analysed here based on: the team, the product, advisors, community, the business and the business model and much more. For example: https://www.coincheckup.com/coins/Nxt#analysis For the Nxt Detailed report