Neblio Forming A Descending Triangle. Breakout Scenario Coming
Neblio on the daily chart is finishing to form a descending triangle. If volume shows a spike we will see a good outbreak.
Buying range is between 11500 to 12500 for mid term hodl.
Targets
T1 : 132480
T2 : 194570
T3 : 244750
T4 : 294940
T5 : 366390
T6 : Open target.
This is mid to long term opportunity with a good investment profits.
We will give short term opportunities when breakout is approaching. Stay Tuned. With Regards. Team TWA.
Buying range is between 11500 to 12500 for mid term hodl.
Targets
T1 : 132480
T2 : 194570
T3 : 244750
T4 : 294940
T5 : 366390
T6 : Open target.
This is mid to long term opportunity with a good investment profits.
We will give short term opportunities when breakout is approaching. Stay Tuned. With Regards. Team TWA.
Trade active:
#Accumulation_Recomendation
Pair : #NEBL / #BTC
RSI : 45.8
Note : #Neblio is one of those alternate coins that suffered from a very big loss from the downward trend formed since Mid March which counts upto 300% price level. It seems it almost finished its downward move and trying to form a reversal bullish trend. Candle stick formations looks bullish in addition to both MACD and RSI by the past 2 days and volume also increasing in a good momentum but needs some more energy to see the best performance in the uptrend.
Accumulation Area : 1500 sats - 1650 sats
Distribution Area
Short Term:
Target 1 : 1794 sats
Target 2 : 1875 sats
Target 3 :1956 sats
Target 4 : 2048 sats
Target 5 : 2155 sats
Mid Term Target
Target 6 : 2570 sats
Target 7 : 2906 sats
Target 8 : 3262 sats
Target 9 : 3720 sats
Target 10 : 4329 sats
Stop Loss : 1420 sats
Risk : Medium
Capital Accumulation : 4%
Pair : #NEBL / #BTC
RSI : 45.8
Note : #Neblio is one of those alternate coins that suffered from a very big loss from the downward trend formed since Mid March which counts upto 300% price level. It seems it almost finished its downward move and trying to form a reversal bullish trend. Candle stick formations looks bullish in addition to both MACD and RSI by the past 2 days and volume also increasing in a good momentum but needs some more energy to see the best performance in the uptrend.
Accumulation Area : 1500 sats - 1650 sats
Distribution Area
Short Term:
Target 1 : 1794 sats
Target 2 : 1875 sats
Target 3 :1956 sats
Target 4 : 2048 sats
Target 5 : 2155 sats
Mid Term Target
Target 6 : 2570 sats
Target 7 : 2906 sats
Target 8 : 3262 sats
Target 9 : 3720 sats
Target 10 : 4329 sats
Stop Loss : 1420 sats
Risk : Medium
Capital Accumulation : 4%
