bullish parabolic vector in play
Updated
NLG looks like it is repeating a consolidation phase that, in the past, led to massive, breathtaking gains. I think we are in for a spectacular new multiyear bull cycle that will seemingly never end because NLG was way too oversold for far too long in light of its relative scarcity to other coins in the space. I have a feeling that everyone loading up right now will be thanking themselves in a couple years if they are staunch with vision and don't have spinach hands.
Comment
Timing was a bit ambitious on this initial chart. Currently the price is reconsolidating in a historical pivot zone around 1.5 cent (which is oversold). I think we are awaiting updates and folks who were waiting years for a relief really have taken some substantial short term profits. Keep your eyes peeled for news as we wait out this limbo zone.
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