Long

Nexo Breakout

Using trendline analysis from when Nexo first hit Huobi and Ichimoku cloud v5 four hour, it is clear that there will be an imminent breakout around this weekend. Consolidation toward 2150 sats the last couple days with growing buy walls daily further supports my long position on Nexo. Strong support among the bottom trend line. No target price since this asset is quite volatile and hard to predict. Stop loss at 2100 sats .
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer