$Neblio, $NBL Bearish Channel Respect

BINANCE:NEBLBTC   Neblio / Bitcoin
Looking at our trend timeframe price showing a bearish parallel channel is being respected. Stochastic RSI showing momentum showing no signs of slowing down. Expecting a drop from our current price at 8200 down to 5000-5500, where we should be seeing a potential double bottom at this level leading to a nice bounce towards our first major resistance at 10000.

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