Long

NXSBTC Possible Falling Wedge Breakout/Retest

Updated
Nexus currently attempting to retest a break of a falling wedge on the 4HR.
Target: 392 sats * 0.62 % chance of reaching target (see link below)
SL: Recent swing low

Once the breakout is confirmed, we should reach the 1950-2k sats levels again and hopefully begin a slow climb uowards.

Percentage of successfully hitting target from: thepatternsite.com/fallwedge.html
Note
We seem to have pulled back into the channel for now, but are running out of room quickly.
This pattern will either break or invalidate soon enough and we will see :)
Order cancelled
Currently we have fallen back into our wedge, suggesting a dip to the 1550 sats range.
Will update when we near the top of pattern again with new SL and TP and Confirmation point.
Note
Now in the 1550 sats area, historically a great place to buy
nexusbtcTrend Analysis

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