Could we see a possible bottom?
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Could we see a possible bottom?
NGLUSDT SPOTBYBIT:NGLUSDT
Looks like a falling wedge to me
Daily is near oversold on RSI
4H is already oversold
Next resistance from here is a 35% move to the upside
For now, lets wait and see if there will be any double bottom formation or a quick recovery to the upside.
Tomorrow will be important as CPI is coming out.
Now will be a good buy for a great entrypoint
Hope y'all like this idea
Remember
This is no financial advice, take care????
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