Hey guys,i just wanted to present you my view on the current evolution of the Neblio Coin.
From a TA standpoint,it looks like we're gonna see it reaching the 16k sats mark again,followed by a small correction down to 14k sats.
NEBL recently broke the parallel channel that it respected for a while (Blue lines) with what seems like quite a sustainable run.
The volume is looking better than in the last couple of days,even though the EMA's might indicate that the coin became a little overbought.
The safest play atm is to wait and see how it plays out,as the symetrical triangle is slowly shrinking.
Date of expected breakout: 07/03/18-08/03/18
Best of luck
From a TA standpoint,it looks like we're gonna see it reaching the 16k sats mark again,followed by a small correction down to 14k sats.
NEBL recently broke the parallel channel that it respected for a while (Blue lines) with what seems like quite a sustainable run.
The volume is looking better than in the last couple of days,even though the EMA's might indicate that the coin became a little overbought.
The safest play atm is to wait and see how it plays out,as the symetrical triangle is slowly shrinking.
Date of expected breakout: 07/03/18-08/03/18
Best of luck