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Spongecoinbob
Sep 1, 2018 9:01 AM

Nebl breaking out - volatility confirmed Long

Description

My last NEBL chart dictated that we were approaching some kind of volatility at the end of our descending triangle. We consolidated along strong support until perfectly breaking out at the end of our triangle.
Neblio is sitting just below important resistance right now, a breakout above this resistance would be considerable at this time.
I expect NEBL to trade within this range a short while until more volume kicks in and takes us up a step.
MACD and RSI up ticking and looking bullish, sustainable? Very possible.
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