Really nice consolidation from Neblio. No major bear volume on the pullback. Found support and and has since formed a new higher low off previous support.
This is a familiar patter on consolidation The volume drops off completely until the BULLS jump back in.
Profit target in zone a yield about 75% profit.
Buy on break of .0022420
Stop loss .0017829
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Stoploss not reached yet.. Moved stoploss into profit zone so if i get stopped out im still in profit... This is the best way to trade these coins.. Once they pump move the stop loss into profit zone so it dosent matter if you get stopped out.
Lack of continuation and volume on the break out so it collapsed. Now we are in the same situation volume has declined and all is quiet. We do have anothe higher low which is positive but i would wout for break 24536 with increased VOLUME.. Volume is the best indicator to determine if there will be continuation :)