Long
$Neblio, $NBL Bearish Channel Respect
Daily
Looking at our trend timeframe price showing a bearish parallel channel is being respected. Stochastic RSI showing momentum showing no signs of slowing down. Expecting a drop from our current price at 8200 down to 5000-5500, where we should be seeing a potential double bottom at this level leading to a nice bounce towards our first major resistance at 10000.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.