Hi Everyone;
today we have one of the Interesting coin.. NEXO
My TA showing almost 23 Risk to rewards, but looking to the accumulation phase I expect more than that, let's give it a chance.
Nexo (NEXOUSD) has been trading within a Channel Down since the May 12 2021 High. The last Lower Low was priced on on June 30 and since then the price has rallied almost +120%, breaking above both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line) with the two about to form a Bullish Cross.
The same 1D MA50/100 Bullish Cross was formed during the...