NPXS failed to break and close above this resistance and was pushed back by the as shown. We saw a fake out on the 28th of feb which was pushed back inside the channel immediately.
NPXS has been accumulated heavily which is confirmed by the weekly and monthly chart, that show tremendous at the bottom.
We can now see a squeeze between the reistance line and the , also a possibly upcomming supportline which collides at approx the same point.
We can now see a posible forming, which by nature, is a continuation pattern. https://stockcharts.com/school/doku.php?...
Fundamentally, we can also see some activity for NPXS
- Staking starts 20th of march
- 11% monthly airdrop
- Attending money 20/20 Asia on the 21th of march
An entry at 15-16 satoshi would be perfect here, NPXS may not break below 15 satoshi or the is broken
For easyer entry, see update below about NPXS/ETH pair
Upside potential is huge with minor resistance at 27, and major resistance at 30/32 and 50 satoshi