💎Technical Analysis Summary💎
BINANCE: NXSBTC
-Nexus is now testing the important weekly key level of support
-This is the swing low last May trading history
-The Bulls must defend this area otherwise the Bears will take the lead
-I'm expecting NXS to consolidate inside this triangle pattern until EOY
-You don't want to hold on bags without any Bullish price...
NXS/USD 1W Ichimoku Cloud potential edge to edge trade of +2700% if cloud resistance broken.
Price is now above both the Tenkan line (blue) and Kijun line (red) with a Tenkan/ Kijin cross looking imminent in the next couple weeks.
Lagging span (green) has made its way above price action indicating bullish momentum.
*This is the same setup we have seen play out...
