hrsal

Potential entry point in NEXO/ETH

Long
hrsal Updated   
HUOBI:NEXOETH   None
I've tried to chart this as simple as possible.

Weekly:
  • Holding support level
  • Seems like a pullback from strong ascending weekly trend
  • MACD positive turning down
  • HIgh OBV

Daily:
  • High OBV
  • Stochastic RSI in oversold zone
  • SMA 50 above SMA 200 positive signal

12H:
  • Holding SMA 200

4H:
  • Stochastic RSI turning overbought
  • Trades within a describe range


OUTCOME:

With a RR of 1.84 a potential profit of 7.7%
Comment:
Weekly: Orange
Daily: Green
4H: Fiusca/Purple
Comment:
A better scale of the chart

Comment:
And it's gone ...


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