NEBLIO (NEBL): Be a Little Suspicious of the Breakout!
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SUMMARY
Neblio (NEBL/BTC) couldn't be more vertical in its impulse up than shown below. Such moves are NEVER sustainable and only blind greed allows one to slip into such false belief. Post the extended 5th wave, the correction thus far has placed abcde waves. The resulting breakout need to be viewed with a degree of suspicion.
Subwaves confirm the abcde markings and the breakout thus far doesn't yet represent an impulse wave upwards. Since the earliest indicator of a trend reversal is a full motive of impulse; that has not yet occurred.
More specifically, what I mean is shown in the below chart. While the breakout looks quite genuine thus far; the correction could lean towards the blue wxyxz pathway. No need to rush.
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I see nothing bullish in the 5 major cryptocurrency. They have closed the week and day lower. That's bearish to me. The month-1/4 is nearing end now. More drop likely to come.
nice
해 진은 사기입니다
cripto is a coin that is very digmari by all pengusa bracket @Haejin anlysa very interesting and nice ...
Very useful post..nice to know you @haejin.
Blockchain what is that
Hello i am @khaidiral
Can upvote me. Thanks
Listed exchange mention please.
So we must wait a little while longer for the actual breakout. Not this false looking one. Patience is key. I think this is gonna be a great year, crypto lots of coins up for grabs.
Plot twist....Haejin is really Kim Jung Un.....