. Nebulas/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. There is a possibility of temporary retracement to suggested support zone (0.006100 to 0.005600). if so, traders can set orders based on Price...
Huge wedge looks to be respected and tested on its next move. If broken expect a large uptrend. If it rejects, it will look to find support at the lower level, following the rising swing-low trend line in line with the wedge.
Check the chart pattern. This is a simple one.
As you can se 0.0002440 satosi is working as a strong
support line. And this is also a dangerous point for NAS
Because if it breaks the 0.0002440 level we can again
see NAS to 0.0002200 satosi as well.
Now lets talk about upside
NAS is trying to break the upside resistance 0.00026 satosi as...