Neblio - Key Support Volume decline as bears Push to Accumulate
Neblio no doubt will explode when the time comes.
Looks like a Descending wedge on both the PPO + MacD leading to a breakout on the 30 may - 2nd June
Descending wedges are usually Neutral Patterns which can go either way.
However in this case I would expect neblio to break out of this forced downtrend with at least 60% Profit within 10 Days. Bears have been very aggressive using market psychology to accumulate via you short selling. Big fish will not buy from the book they use your fear to their advantage. Just remember that :)
Hodl
Looks like a Descending wedge on both the PPO + MacD leading to a breakout on the 30 may - 2nd June
Descending wedges are usually Neutral Patterns which can go either way.
However in this case I would expect neblio to break out of this forced downtrend with at least 60% Profit within 10 Days. Bears have been very aggressive using market psychology to accumulate via you short selling. Big fish will not buy from the book they use your fear to their advantage. Just remember that :)
Hodl
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