Long

Nexo C&H breakout

In this setup we see Nexo hitting its C&H neckline. Volume decreasing since the middle of the cup and exponentially decreasing when in the handle. Just like we like to see it. Target is bottom of the cup towards the neckline. We can see 2 necklines. However, I prefer the conventional one since its target wil allign with Nexos big resistance. For now, we would like to see an explosive volume pump through the neckline.
Bitcoin (Cryptocurrency)Bullish PatternsChart PatternscuphandleETHEthereum (Cryptocurrency)Technical IndicatorsnexoNEXOBTCNEXOUSDTTrend Analysis

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