NXT / BTC 1h chart - NXT UPTREND ALERT! (+8%)milionarioo (46)in #btc • 7 years ago (edited)READY FOR A REBOUND? 1st TGT PRICE: 0.0001960 (+8%) PROs: RSI 2 in OVERSOLD PRICE ON A STRONG SUPPORT SMM40 underneat MACRO UPTREND in progress GOOD VOLUME CONs: RSI 14 neutral WHAT DO YOU THINK? UPDATE Fly to the moon!! #nxt #trading #poloniex #crypto
The moving average line can certainly be a point of reversal as it acts as support, but the next candle being any type of a reversal candle (hammer preferably) would be better confirmation to go along with the indicators.
The movement has started , let's see if u got the TP :-)
Target Achieved!!! uptrend still in progress