is NXE going to break trendline and go up for the next round?
For the 1-hour chart:
You can see a long upper wick followed by a large green candle and a medium-sized red candle.
Even this strong selling pressure, buyers are still in control - supported by a well-shaped RSI and momentum.
Over the past few days, the volume profile has shown a promising trend, indicating that buyers are gaining strength.
Let’s see if, this week, the price breaks the upper trendline or even crosses above the EMA25
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.