Long
Updated

NLG beautiful rally, now a healthy retrace

367
Hello,

NLG is a beautiful project that I follow closely. The price has also shown some bullish action lately, the project deserves this.
Now it retraces slightly below the golden fib level. Let's see if NLG can get more upside price action.

Trade safe!

Greetings,
Corné
Note
Still on track for more upside action, maybe this weekend?
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Expect a break before the weekend
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Well, the break was down due to some news about Rijk Plasman creating a new Coin, some guys got scared and sold off their NLG. Now that the dust has settled, I see a falling wedge forming.
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Falling wedge still in play, let's find the 110 sats support and go from there
No time to panic sell, this is totally normal price action. We have broken the strong resistance of 110 sats, so we must retest it once or twice and confirm it as support.
Trade safe!

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