If you're looking for what's hot in crypto, this coin is the one...
Price action is suggesting that resistances are being broken (yellow zone), and supports are being respected (green zone)
Now all we gotta do is enter on retest of resistance as support and target all the way to range high
- Partial profit taking at mid range level
It appears that current prices have stalled for a prolonged period here
which is very typical for cOrrective waves
current wave formations developing would be wave (iv) of ( iii ) of 3 of the larger degree
intra day flat abc correction with downside targets up to 4870-4700
there you can long 1000% or buy that im sure of
Welcome to this updated analysis on NEBLBTC Let's get right to it!
After a long period of consolidation, Neblio ( NEBLBTC pair) is showing hints of upcoming bullish action.
Take a look at the chart above. All the Moving Average lines are coming together, and they are being challenged in one single candle. To the downside, if not enough momentum is garnered, NEBLBTC would go back and retest 0.000286. A close
In my trading view, it's a bit dangerous if trading at this level. The Index is nearing Old High, but that is still on Lower Channel Line.
I have 2 scenerios:
1. The Old High can be a strong Resistant Level and makes a correction. However, placing a Short is a danger in the short-term uptrend until seeing a clear reversal signal.
2. The Index is on the