Short

NEBL Buy Opportunity

Updated

1H MACD Crossover
2H, 3H, 4H not bullish. 1D MACD still bullish

1H ADX is weak meaning that the downtrend was not strong.
The DMI shows a crossover, meaning there is a BUY

Needs more volume, fairly low at the moment

RSI Analysis: Each time the 1H RSI touches the RSI trend line it shoots up 30% within few hours.

Furthermore: Orion will be released today or tomorrow (see Telegram group)

This is just my opinion, DYOR before invest.

Note

I forgot to mention that I believe we are in Wave 3 and impulse 1 and 2 are finished and impulse 3 has started or will start soon (depends if the 3-3-5 flat correction is finished or not).

Also, a bull run on BTC could mess it up.

Note

Note

Channel is broken.

Volume is slightly increasing but still indecisive.

2H MACD bullish crossover.

Awesome Oscillator turning positive.

I would wait with buying. Better to sit at the side line now. If it will have an up thick, it will re-test channel line afterwards. Then we can decide what to do

Note

Volume increasing.
Second resistance line broken, lets see if it stays above.
3H MACD bullish crossover.

If Orion will be released today we will see a nice spike.
Orion will make it possible for everyone to create their own token on the NEBL blockchain.
In order to do this, they need to convert NEBL into NTP1 tokens.
The NTP1 wallet also allows staking.
Furthermore, Marketing campaign starts in Q2

Note

Work in progress; So far only the wicks breaks the resistance line, as well as the 23,6% fibonacci

Trade active

RSI nearing oversold stadium. NEBL will retrace to channel line or 61,8% - 78,6% fibonacci. Buy in at retracement

Note

Volume fairly low, it might be the silence before the storm (as Orion wasn't released this weekend).
Price is above support line again.
Price is above 100-day MA since few hours ago.

Also, since 6-2-18 we see a healthy RSI development on the 4H chart. Hopefully the release of Orion can break the RSI resistance line.

Note

RSI is going to test RSI support line again. Last time it did, it went up +20%

Note

It retraced nearly 80% from it's last spike, but that's what NEBL does almost every time. Buy now (0.001415) and put a stop loss at 0.001350. Or wait till it gets below 0.14 (high probability with BTC dropping at the moment)

Trade closed: stop reached

2 times 20 % profit + a little loss with the stop-loss.

Alts following drop of BTC.

If you bought NEBL without stop-loss: short it
(sell now and re-buy at lower price)

Nevertheless, I believe March will be a good month for NEBL

LucasTeunissen

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