Nexo is one of my biggest Alt bags. I believe in this company long term, and I am seeing a nice long trade set up here so I thought I would share.
EMA ribbon and both Super Trends flipped bullish on H12. RSI and OBV both in up trend.
Short term, I see a move to 2.91 very likely after rounding out a bottom and breaking 2.53 horizontal resistance level and retesting. Close above 2.68 on H12 would confirm strong move up.
Within next 2 weeks, 3.05 to golden pocket.
By EOM, 3.43 would be next.
Once NEXO closes above 3.43, I will be looking for a long play to 4.82 as the next power move up.