NXT – Page 7 – cryptopatterns

Dash NXT updates 6 19 17 9:20 AM EST

This site is for informational and entertainment purposes only and not in any way intended to be investment or trading advice. You are 100% responsible for your financial decisions at all times. It is highly recommended you DO NOT make any investment or trading decisions depending upon what you read on this blog/newsletter! All information presented (c) 2017 JBP cons, inc. All rights reserved.

Note: While BTC and ETH can’t be ignored, Dash and NXT seem to “have the ball” at the moment and should be carefully watched as indicators for entire market. Bearish patterns tend to fail in bullish cycles so NXT could pull a surprise to the upside here — seriously doubt it goes by itself….Dash on the other hand — can’t stop screwing around right below all time high? Sound bullish to you?

dash update 6 19 nxt update 6 19

Dash NXT Real Time update 6 18 17 7:20 PM EST

NOTE: Seems like mixed signals on these charts but not for probabilities of our Bullish wave. Dash has always been part of our “in sync” group of USDT large crypto. NXT has not been on same wave pattern. Therefore, the DASH chart increases the edge to the bullish case, NXT simply should be watched for price action at key support levels.

NOTE: DASH chart comments assume we close green — there is 1 hour to go in the trading day as we post this. If turns red must reassess….

dash real time 6 18 17 nxt real time 6 18 17

BTC ETH Crypto Market Real Time Update 6 12 17 3:45 PM EST

NOTE: In addition to the charts below – here is what the patterns show

Vol not as high dramatically higher on BTC as ETH and NXT – that could be bullish or bearish but it means SOMETHING (like bigger volume tomorrow for BTC maybe?)
High prob patterns that bottom is not in for ETC and XMR as well as BTC and ETH (shown below) . XRP and STR both look weak — other cryptos like LTC and Dash are unclear = bottom could be in but that is mod probability at best.
You can consider the targets shown in Market Wrap for entries as many are approaching –but as stated it’s important to review the patterns and indicators at the time the targets arrive.
This sort of drop throws our wave count into question — we have some cryptos with new highs and some without — doesn’t mean much right this minute but could have major impact on best trading options once the dust settles — more on this when patterns emerge.

Told you trading is no joke (many of you already knew this–now hopefully we all do)–especially a “wild west” market like crypto — stay safe– seriously, do what you’d tell someone else to do — there will be easier trading opportunities coming and you want to be in the game when they do.

Finally — we want to keep you informed but we can only interpret the patterns we see and how they relate to probabilities — we could be (and often are) WRONG. We want to provide as much useful information as possible, but, in the end, you must trade at your own risk so please do so responsibly.

btc real time low not in 6 12 ETH real time low not in 6 12 NXT unclear 6 12 17

ETH NXT Crypto Market Real Time Update 6 12 17 1:10 PM EST

NOTE ADDED 1:50 PM EST – ETH bounced off the key $300 level — Notice the BTC bounced up with it.

That can now be used as a guild for defined risk trades. If it falls below and closes below $300 that should make scaling out per your trade strategy the highest probability.

One thing is for sure — some cryptos are at good levels for IT or LT entries! Just make sure it fits your risk tolerance and that you are comfortable with the downside risk — again -STAY SAFE and be sure you’re trading with confidence — remember there is always a chance to reenter.

NOTE ADDED 1:25 PM EST — Now we’re seeing ETH start to drop and BTC fall below support — time to execute your trade strategy based on your exit strategy – – this does NOT mean to just sell everything. Read yesterday’s educational post for ideas if needed. WHATEVER YOU DO — STAY SAFE — stay in the game!

NOTE: Today’s price action fits the description as potentially part of Wave 1 bullish wave to shake out weak hands. Read the notes here — also keep an eye on Dash — might be a market leader if we see a rebound . Closing prices are key and will cover more in Market Wrap–will real time update when possible as well.

nxt relative strength 6 12

FCT NXT BONUS Real time updates 6 9 17 11:55 PM EST

NOTE: Remember — try to stick with your trading plan no matter what you read here or hear anywhere else– don’t get into trades where any information makes you want to get out — define positions ST IT or LT and position manage accodingly – reduce starting trade position size and/or be more thorough in your trading prep BEFORE entering trades so you can buy sell or hold with confidence at all times. That said, only you can make trading decisions for your strategy so do what you feel is your best move to stay in the game long term.

fct late night 6 9 nxt late night 6 9 vtc late night 6 9 16

BTS DASH LTC NXT Crypto Market updates 6 9 17 9 AM EST

BTS update

NOTE: Did you get shaken out of ST/IT positions on BTS? I made my 20-25% which was good for a ST trade — not great for IT but decided LT was enough given the red flags last update — so I moved on and am looking for the next high probability trade — it might be reentering BTS!!

Pattern now looking bullish again — can ALWAYS reenter if you find a safe entry point! Just make sure you enter with confidence and defined risk — these are great examples showing you how there are no certainties only probabilities. BTS still is nowhere near the breakout price that it should be for the volume — it could still close red today! Anything can happen–you need a solid trading plan and clearly defined risk–especially on high risk crypto that only trades on the BTC exchange.

If you don’t have time or interest in adjusting ST positions then only look for IT and LT positions and use the daily and real time updates to make sure there are no major red flags that justify changing your position.

dash 6 9 17 ltc update 6 9 17

nxt update 6 9 17

NXT Real Time Update 6 6 17 9:40 PM EST

NOTE: HIGH RISK TRADE but consistent with bull trend confirmation so edge to bulls. trade at own risk and use responsible scaling, stop ranges and pos mgmt!

Target for pattern = .1375 then .1625 if strong volume

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DASH ETC LTC NXT REP XMR ZEC Updates 6 6 17 9 AM EST

NOTE: Most large crypto on USDT looks bullish now, with much higher volumes.

XRP AND STR ARE EXCEPTIONS and will be updated in separate post.

Increased volume w higher prices is an indicator market still moving together and new highs are moderate probability. Still need to trade conservatively as we have NO CONFIRMATION on any crypto yet (except $FCT on BTC exchange interestingly)

BOTTOM LINE: If you have a bullish trading strategy, time to look for opportunities to scale in ST and IT — EXCEPT FOR XRP AND STR – treat those separately — will cover soon. Reminder DEFINE RISK – trade at own risk and position mgmt responsibly – ANYTHING CAN HAPPEN – please always remember that.

If looking to trade ZEC REP or NXT – see most recent posts as they accurately covered current bullish probabilities – not updated here

dash update 6 6 17 etc update 6 6 17 ltc_update_6_6_17 xmr update 6 6 17

NXT BTC real time update 6 4 17 10:05 pm EXT

NOTE: Target for this pattern got cut off on chart

PATTERN TARGET = .00003750

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Category: NXT