Hello all,
Here is an interesting crypto easier to buy (+- $0,68) for all the people : NXT
We can see clearly a nice long term triangle in formation on the 4 hours chart :
I draw a green line to show you that the candles are entering in the triangle via the low of it. This is often an indicator that the break out will be a Break Out UP but no one can be 100% sure of the direction that the Break Out will take.
Here is my method to trade all the triangle patterns :
- Wait the start of the Break Out
- Enter with your position by following the trend
- Determine your profit target when you know the price of your entry
- Wait and adapt if needed your profit target to sold your position with I hope a nice profit.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Version française ici : [FR] NXT - Triangle long terme - Break Out imminent
