NGL Update 1.2 (70% raw gains are coming....again)A new day means a new update! Take a look at our NGL chart, what did I say? 70% raw gain and $0.8 hit hard! 🥂
As predicted NGL hit our target of $0.8 a couple of days after the latest update but what will happen now? As you can see we got a strong move to the downside and haven't made a new high since June 7, is this normal? It's more than healthy to get a pullback like this.
On the 4H RSI is oversold with a volume that have more mood swings than your girlfriend on a bad day. A potential double bottom could be forming making a HL before moving upside again, as for now this would be a good opportunity to fill your bag up before our 2nd move start.
BTC looking very good too and still hold its base while BTC.D keeps falling, June will let the fun begin for ALTS soon💐
As from the latest update our prediction favored the red line which we're in line with now, but what can we expect from here?
There's 3 possible scenarios:
Blue Dotted line:
This will be a quick upside move penetrating through our ressistance at $0.589 making a short time base between our next resistance at $0.725 and our minor resistance. If this has to happen we would like to see some daily healthy candles holding above the resistance and flipping it to our new support ( $0.725 ) to confirm that its not a fakeout.
Green Line:
This would be a healthier move to the upside breaking our resistance at $0.589 to meet our minor resistance and form a healthy base at our new support. If we can stand our ground i believe we will get a round 2 of funny times but before that $0.725 needs to be broken.
Red Line:
There will always be a possibility for more downside which necessarily isn't bad, if thats what comes next we could see a possible double bottom making a HL before we shoot our way up. Making a good base here would also be healthy to secure a stable BO in the future for NGL.
As always, we know where this golden nugget is going, BORPA airdrop is also on the horizon...
Don't fade NGL, the time is now...
Take care🔮
