NXT BTC - Mean reversion

21 ส.ค. 2017NXT has formed a saucer or double bottom - the bears are no longer looking for shorts; Price has dropped significantly. While this chart is still short I am looking for a 50% correction to occur. I have a lower target that will see resistance. This is a good setup for a swing trade long and then be careful to take profit and look for shorts at the levels in red as the weekly bias is still short.