Nebulas has been falling hard for weeks and it hasn't confirmed its bullish reversal yet on big timeframes. However, that point looks interesant to enter on it.
Weekly chart :
- Last week candlestick suggest buy pressure about these low levels. - Volume and CMF confirms the buy pressure - This week candle is in a positive territory, early to judge, but it could be a good start.
Daily Chart :
- We have low retested between March and April - CCI is crossing into the green territory - Price is trying to break above EMA20 - Double bottom ullish Divergence on the RSI
- MACD supporting the bull movement
4H Chart is not looking bad. Price action stay above ema20+ma50 and failed to break MA200 in different test. A good confirmation of bullish reversal in short-term will be break this zone.
GL !
- I tried to adjust our investiment to a tight stop loss. Because the trend hasn't reversed yet and trying to catch the lows is a bit risky.
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