The following is NOT financial advice:
Still feels like mainstream is not aware of the interest savings options available these days. On the Nexo platform they recently raised their interest rate another 2% and you can now earn up to 12% compound interest in stable coins and fiat currencies and a whopping 8% on crypto assets. Paid out daily! The highest interest...
NEXO is a solid working crypto project with good fundamentals.
At the moment it is printing a HL after a HL and formed a falling wedge in past few months. There is also small cup and handle to be seen in the charts.
It is knocking on resistance and will most likely break through after some volume spike, especially after some strong recent movement from BTC.
Do...
NEXOBTC now is situated into a downtrend channel which probably soon will break because:
-We have a stochastic bullcross
-Rsi is near bottom(30 level) and now is curbating up
-At MACD we can see the first smaller red candle which means the sell pressure is still decreasing=bullish sign
After this channel broke first target is 0.00001507 which is the 0.236 fib...
