NXT corrected down to the 88.6% fib level, currently sitting on old support line.
Daily Chart:
4h Chart:

Inside Bollinger Bands
RSI for smaller timeframes are are already inside oversold region.
We might see a retest of the support (oversold for lower timeframes) but i think many indicators signal a possible retest of the resistance at the top of the downtrend-channel.
Stop loss should be below blue line, for trading it safe wait for breakout of the red downtrend-channel.
Daily Chart:
- MACD is flat but can cross soon(0)
- RSI coming from oversold region, crossed and is pointing upwards (+)
- Market closed below Bollinger Bands (-)
- Buy volume catched up on the last days (+)
4h Chart:
Inside Bollinger Bands
- MACD crossed and heading upwards (+)
- RSI coming from oversold region, crossed and is pointing upwards (+)
- Second pump closed above Bollinger Bands (+)
- Some spikes in Volume (0)
RSI for smaller timeframes are are already inside oversold region.
We might see a retest of the support (oversold for lower timeframes) but i think many indicators signal a possible retest of the resistance at the top of the downtrend-channel.
Stop loss should be below blue line, for trading it safe wait for breakout of the red downtrend-channel.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.