Nexo (NEXO) Price Prediction 2024, 2025–2030

Explore short and medium-term Nexo price prediction analysis and check long-term Nexo forecasts for 2025, 2030, and beyond

5-Day Prediction
$?1.014051
1-Month Prediction
$?1.290602
3-Month Prediction
$?4.06
6-Month Prediction
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1-Year Prediction
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2025 Prediction
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2030 Prediction
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2040 Prediction
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2050 Prediction
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Current Price $?0.971002
Price Prediction $?1.290602  (32.98%)
Fear & Greed Index 69 (Greed)
Sentiment Bearish
Volatility 2.62%
Green Days 14/30 (47%)
50-Day SMA $?1.000245
200-Day SMA $?1.157198
14-Day RSI 44.77

According to our current Nexo price prediction, the price of Nexo is predicted to rise by 32.98% and reach $?1.290602 by November 26, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 69 (Greed). Nexo recorded 14/30 (47%) green days with 2.62% price volatility over the last 30 days. Based on the Nexo forecast, it's now a bad time to buy Nexo.

$
≈ $?6,481.25

If you invest $?1,000.00 in Nexo today and hold until Apr 08, 2025, our prediction suggests you could see a potential profit of $?6,481.25, reflecting a 648.13% ROI over the next 162 days (fees are not included in this estimate).

Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Short-Term Nexo Price Targets

DatePredictionPotential ROI
Oct 28, 2024$?0.970493
0.05%
Oct 29, 2024$?0.9737
0.28%
Oct 30, 2024$?0.962638
0.86%
Oct 31, 2024$?0.997555
2.73%
Nov 01, 2024$?1.014051
4.43%

Over the next five days, Nexo will reach the highest price of $?1.014051 on Nov 01, 2024, which would represent 4.43% growth compared to the current price. This follows a -4.05% price change over the last 7 days.

Nexo Prediction Table

202420252026202720282029203020402050
MonthMin. PriceAvg. PriceMax. PricePotential ROI
Oct 2024$?0.962638$?1.223524$?1.509372
55.44%
Nov 2024$?1.209877$?1.435317$?1.861429
91.70%
Dec 2024$?2.02$?2.44$?2.89
197.72%

In 2024, Nexo (NEXO) is anticipated to change hands in a trading channel between $?0.962638 and $?2.89, leading to an average annualized price of $?1.70114. This could result in a potential return on investment of 197.72% compared to the current rates.

Nexo Price Prediction 2024

October 2024: NEXO Prediction

With a negative market trend seen last month (with the price of NEXO losing -7.96%), Nexo is expected to reject the trend in October. The projected monthly trading range is between $?0.962638 and $?1.509372, with the average monthly value sitting at $?1.223524, which would be a 15.98% increase compared to the previous month. This could offer investors a potential return of 55.44%.

Potential ROI: 55.44%

November 2024: NEXO Prediction

Forecasts for November suggest a continuation of the market trend, with a potential price increase to $?1.435317. The expected price range lies between $?1.209877 and $?1.861429, influenced by last month's market performance. Investors may witness a potential gain of 91.70%, if they decide to buy NEXO at current prices and sell it at predicted rates.

Potential ROI: 91.70%

December 2024: NEXO Prediction

Nexo is predicted to finish the year by changing hands in a trading channel between $?2.02 and $?2.89. This would entail that the price of NEXO increased by 151.76% in comparison to today’s prices (assuming December’s average price of $?2.44). In other words, investors would generate a potential profit of 197.72% if NEXO follows the prediction.

Potential ROI: 197.72%

Nexo Price Prediction 2025

In 2025, Nexo is forecasted to trade in a price channel between $?2.47 and $?7.26. On average, NEXO is expected to change hands at $?4.28 during the year. The most bullish month for NEXO could be April, when the currency is anticipated to trade 648.13% higher than today.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?2.85$?3.76$?4.64
377.64%
February$?4.47$?4.88$?5.22
437.38%
March$?5.16$?6.32$?7.09
630.15%
April$?3.11$?5.16$?7.26
648.13%
May$?2.47$?3.30$?4.36
348.86%
June$?2.56$?3.06$?3.58
268.24%
July$?3.29$?3.60$?3.78
289.65%
August$?2.75$?3.14$?3.76
287.28%
September$?3.07$?3.89$?5.52
468.80%
October$?4.65$?5.62$?6.24
542.38%
November$?4.17$?4.45$?5.21
436.27%
December$?3.34$?4.18$?4.93
407.29%

Nexo Price Prediction 2026

Generally speaking, Nexo price prediction for 2026 is bullish. The NEXO cryptocurrency is forecasted to hit a high point of $?4.79 in March and reach a low of $?1.234129 in June. Overall, NEXO is expected to trade at an average price of $?2.43 in 2026.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?3.45$?3.87$?4.25
338.17%
February$?3.70$?4.02$?4.36
348.94%
March$?4.16$?4.50$?4.79
393.42%
April$?2.44$?3.30$?4.65
379.26%
May$?1.304136$?2.03$?2.52
159.42%
June$?1.234129$?1.351866$?1.518353
56.37%
July$?1.382368$?1.678508$?2.04
109.84%
August$?1.783662$?1.926112$?2.15
121.21%
September$?1.68981$?1.809123$?1.923818
98.13%
October$?1.439479$?1.791714$?2.05
111.30%
November$?1.352061$?1.411423$?1.48938
53.39%
December$?1.333451$?1.443139$?1.534931
58.08%

Nexo Price Prediction 2027

The outlook for Nexo in 2027 indicates a possible uptrend, with an expected price of $?1.433481. This represents a 47.63% increase from the current price. The asset's price is projected to oscillate between $?1.149433 in October and $?1.851987 in December. Investors could see a potential ROI of 90.73%, suggesting a favorable investment environment.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?1.484819$?1.620572$?1.730428
78.21%
February$?1.258617$?1.416279$?1.558409
60.50%
March$?1.379606$?1.449437$?1.55586
60.23%
April$?1.392082$?1.442587$?1.492063
53.66%
May$?1.301365$?1.38979$?1.440866
48.39%
June$?1.285947$?1.333821$?1.374096
41.51%
July$?1.321787$?1.352838$?1.38573
42.71%
August$?1.24943$?1.292005$?1.339428
37.94%
September$?1.16253$?1.229383$?1.271312
30.93%
October$?1.149433$?1.319687$?1.539491
58.55%
November$?1.510047$?1.583451$?1.768609
82.14%
December$?1.676337$?1.771925$?1.851987
90.73%

Nexo Price Prediction 2028

Following a bullish trend in the previous year, 2028 is expected to continue this momentum. Nexo’s value is forecasted to increase, potentially reaching an average price of $?2.34. The price is predicted to fluctuate between a low of $?1.627413 in January and a high of $?4.63 in December.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?1.627413$?1.780727$?1.928236
98.58%
February$?1.89246$?2.33$?2.79
187.48%
March$?2.45$?2.66$?2.95
203.30%
April$?2.32$?2.50$?2.76
184.56%
May$?2.40$?2.63$?2.84
192.07%
June$?2.18$?2.52$?2.86
194.31%
July$?2.04$?2.30$?2.50
157.91%
August$?1.901831$?2.07$?2.15
121.41%
September$?1.885387$?2.01$?2.11
117.45%
October$?1.930527$?1.990426$?2.13
119.42%
November$?2.13$?2.38$?2.70
177.77%
December$?2.28$?2.92$?4.63
377.27%

Nexo Price Prediction 2029

Forecasts for 2029 suggest that NEXO will experience a significant growth, with expected fluctuation ranging from $?4.05 to $?10.77. Investors might anticipate a potential ROI of 1,008.81%, aligning with a bullish outlook for the year.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?4.94$?6.00$?7.08
629.54%
February$?6.84$?7.49$?8.01
724.98%
March$?7.82$?9.59$?10.52
983.60%
April$?4.95$?7.55$?10.77
1,008.81%
May$?4.05$?5.11$?6.69
589.18%
June$?4.17$?4.91$?5.59
476.14%
July$?5.26$?5.66$?5.89
506.16%
August$?4.44$?4.93$?5.85
502.83%
September$?5.02$?6.23$?8.33
757.36%
October$?7.10$?8.45$?9.33
860.53%
November$?6.42$?6.76$?7.69
691.53%
December$?5.26$?6.34$?7.49
671.12%

Nexo Price Prediction 2030

In the long term, Nexo could reach a price of $?7.30 in March of 2030. That’s a rather optimistic scenario, as NEXO could trade as low as $?2.31 in June. Overall, NEXO’s price is projected to hover at around $?3.97 during the year, about 308.93% above the current price of $?0.971002.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?5.44$?6.05$?6.55
574.19%
February$?5.77$?6.28$?6.95
615.88%
March$?6.33$?6.85$?7.30
651.67%
April$?3.96$?5.06$?7.11
631.81%
May$?2.41$?3.33$?4.11
323.56%
June$?2.31$?2.47$?2.71
179.07%
July$?2.52$?2.98$?3.44
254.05%
August$?3.08$?3.28$?3.59
269.99%
September$?2.95$?3.11$?3.26
235.98%
October$?2.57$?3.06$?3.46
256.09%
November$?2.48$?2.55$?2.67
174.88%
December$?2.45$?2.62$?2.77
185.73%

Nexo Price Prediction For Years 2024, 2025, 2026, 2027, 2028, 2029, and 2030

Over the next several years, Nexo is projected to increase, with prices potentially reaching $?10.77 by 2029. This represents a 1,008.81% gain from today's value. The long-term forecast suggests a bullish trend, with potential highs of $?10.77 and lows of $?0.962638 over the period.

YearMin. PriceAvg. PriceMax. PricePotential ROI
2024$?0.962638$?0.425285$?2.89
197.72%
2025$?2.47$?4.28$?7.26
648.13%
2026$?1.234129$?2.43$?4.79
393.42%
2027$?1.149433$?1.433481$?1.851987
90.73%
2028$?1.627413$?2.34$?4.63
377.27%
2029$?4.05$?6.59$?10.77
1,008.81%
2030$?2.31$?3.97$?7.30
651.67%

Nexo Technical Analysis

Sentiment

Bearish

Based on data from October 27, 2024 at 06:21, the general Nexo price prediction sentiment is bearish , with 7 technical analysis indicators signaling bullish signals, and 24 signaling bearish signals.

NEXO price prediction was last updated on October 27, 2024 at 06:21.

Nexo's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

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Based on our technical indicators, Nexo's 200-day SMA will drop in the next month and will hit $?1.150605 by Nov 26, 2024. Nexo's short-term 50-Day SMA is estimated to hit $?1.130283 by Nov 26, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 44.77, which indicates that the NEXO market is in a neutral position.

Popular NEXO Moving Averages and Oscillators for Sun, Oct 27, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$?0.983375SELL
SMA 5$?0.992842SELL
SMA 10$?0.99185SELL
SMA 21$?1.000765SELL
SMA 50$?1.000245SELL
SMA 100$?1.039299SELL
SMA 200$?1.157198SELL

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$?0.996174SELL
EMA 5$?0.997545SELL
EMA 10$?0.997257SELL
EMA 21$?0.999126SELL
EMA 50$?1.012562SELL
EMA 100$?1.053962SELL
EMA 200$?1.085505SELL

Weekly Simple Moving Average (SMA)

PeriodValueAction
SMA 21$?0.883426BUY
SMA 50$?1.035035SELL
SMA 100$?0.795464BUY
SMA 200$?0.605128BUY

Weekly Exponential Moving Average (EMA)

PeriodValueAction
EMA 21$?1.070393SELL
EMA 50$?1.056112SELL
EMA 100$?1.032065SELL
EMA 200$?0.732061BUY

Nexo Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

PeriodValueAction
RSI (14)44.77NEUTRAL
Stoch RSI (14)19.66BUY
Stochastic Fast (14)2.23BUY
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)10.33NEUTRAL
Awesome Oscillator (5, 34)-0.01NEUTRAL
Momentum (10)-0.07NEUTRAL
MACD (12, 26)0.00NEUTRAL
Williams Percent Range (14)-97.77BUY
Ultimate Oscillator (7, 14, 28)50.75NEUTRAL
VWMA (10)1.00SELL
Hull Moving Average (9)0.99SELL
Ichimoku Cloud B/L (9, 26, 52, 26)1.00NEUTRAL

Nexo Key Price Levels

Based on today's classical pivot point (P1) with the value of $?0.970661, Nexo has support levels of $?0.956534, $?0.936913, and the strongest at $?0.922786. Similarly, Nexo resistance levels are at $?0.990282, $?1.004409, and $?1.02403.

Support Levels

#PriceStrength
S1$?0.956534  
S2$?0.936913  
S3$?0.922786  

Resistance Levels

#PriceStrength
R1$?0.990282  
R2$?1.004409  
R3$?1.02403  

Nexo Correlation

Over the past 7 days, Nexo price was most positively correlated with the price of and most negatively correlated with the price of .

Positively Correlated Currencies

NameCorrelation

Negatively Correlated Currencies

NameCorrelation

Nexo price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Nexo indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Nexo, a move in one direction for Nexo would translate into a move in the opposite direction for the negatively correlated coin.

Nexo Price Prediction FAQ

What is Nexo's price prediction today?

Based on our Nexo prediction chart, the price of Nexo will increase by 0.00% and reach $?0.970493 by Oct 28, 2024.

What is Nexo price prediction for tomorrow?

Nexo is predicted to gain 0.00% and reach a price of $?0.970493 tomorrow.

What is the Nexo price prediction for next week?

The Nexo price prediction for next week is between $?0.970493 on the lower end and $?1.133131 on the high end. Based on our NEXO price prediction chart, the price of Nexo will increase by 16.76% and reach $?1.133131 by Nov 04, 2024 if it reaches the upper price target.

What is the Nexo price prediction for 2024?

Nexo is forecasted to trade within a range of $?0.962638 and $?2.65. If it reaches the upper price target, NEXO could increase by 172.87% and reach $?2.65.

What is the Nexo price prediction for 2025?

According to our Nexo price prediction, NEXO is forecasted to trade within a price range of $?0.962638 and $?2.89 next year. Nexo will increase by 197.72% and reach $?2.89 if it reaches the higher value target for 2025.

What is the Nexo price prediction for 2030?

The Nexo price prediction for 2030 is between $?4.05 on the lower end and $?10.77 on the high end. Based on our NEXO price prediction chart, the price of Nexo could gain 1,008.81% and reach $?10.77 if it reaches the upper price target.

Will Nexo reach $10?

Nexo would need to gain 929.86% to reach $10. According to our Nexo prediction algorithm, Nexo will hit $10 in March 2029.

Will Nexo reach $100?

Nexo would need to gain 10,198.64% to reach $100. According to our Nexo prediction algorithm, Nexo will hit $100 in January 2049.

Will Nexo reach $1,000?

Nexo would need to gain 102,886.45% to reach $1,000. According to our Nexo prediction algorithm, the price of Nexo will not reach $1,000. The highest expected price our algorithm estimates is $?152.62 by 2049.

What is the current Nexo sentiment?

The current Nexo sentiment is bearish according to our technical analysis. The majority of technical indicators are showing sell.

What is the Nexo Fear & Greed Index and what does it indicate?

Currently, the Nexo Fear & Greed Index stands at 69, which means that investors’ sentiment is in the so-called Greed zone.

The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Nexo investors’ sentiment, and is based primarily on Bitcoin-related market data.

Overall, the Fear & Greed Index indicates the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, and 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell.

Is it profitable to invest in Nexo?

Over the last 30 days, Nexo had 14/30 (47%) green days. According to our historical data, it is currently not profitable to invest in Nexo. The price of Nexo increased by 48.17% in the last 1 year, while the coin’s 3-year performance is -66.84%.

Is Nexo a good buy in 2024?

Based on multiple technical quantitative indicators, the current forecast for Nexo in 2024 is bearish. This could be an indication that Nexo is a bad buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Nexo or not.

What will the price of Nexo be next week?

According to our Nexo forecast, the price of Nexo will increase by 4.49% over the next week and reach $?1.014051 by November 1, 2024.

What will the price of Nexo be next month?

According to our Nexo forecast, the price of Nexo will increase by 32.98% over the next month and reach $?1.290602 by November 26, 2024.

What is Nexo's 50-Day SMA and what does it indicate?

Nexo’s 50-day SMA (simple moving average) is currently $?1.000245. The 50-day SMA indicates the average price of Nexo over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive NEXO price trend in the medium term, while a dropping SMA indicates the opposite.

The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.

What is Nexo's 200-Day SMA and what does it indicate?

Nexo’s 200-day SMA is currently $?1.157198. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising Nexo 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that NEXO has been trending downwards over the long term.

Many cryptocurrency traders pay close attention to the markets when the current Nexo price crosses an important moving average like the 200-day SMA.

The 200-day SMA is calculated by taking Nexo’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

What is Nexo's 14-day RSI and what does it indicate?

Nexo’s 14-day RSI is at 44.77, indicating that NEXO is currently neutral.

The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Nexo. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

Will Nexo go back up?

Based on our algorithmically generated price prediction for Nexo, the price of NEXO is expected to decrease by 32.98% in the next month and reach $?1.290602 on Nov 26, 2024. Additionally, Nexo’s price is forecasted to gain 279.33% in the next six months and reach $?3.68 on Apr 25, 2025. Finally, Nexo is expected to trade at $?5.11 on Oct 27, 2025, following a 426.89% value decrease in one year.

How does our price prediction for Nexo work?

The Nexo price prediction on CoinCodex is calculated using the historical Nexo price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Nexo prediction.

How to read and predict Nexo price movements?

Nexo traders use a variety of tools to try and determine the direction in which the NEXO market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Nexo price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Nexo Price Prediction Indicators

Moving averages are among the most popular Nexo price prediction tools. As the name suggests, a moving average provides the average closing price for NEXO over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for NEXO is a sum of NEXO’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the NEXO price moves above any of these averages, it is generally seen as a bullish sign for Nexo. Conversely, a drop below an important moving average is usually a sign of weakness in the NEXO market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the NEXO price.

How to read Nexo charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Nexo with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Nexo’s price action in 1-hour chunks. Each candlestick will display NEXO’s opening price, closing price, as well as the highest and lowest prices that Nexo reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Nexo?

Just like with any other asset, the price action of Nexo is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of NEXO. The market capitalization of Nexo can change significantly in a short period of time.

When trying to make a Nexo forecast, many traders also try to monitor the activity of NEXO “whales”, which are entities and individuals that control large amounts of NEXO. Since the Nexo market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Nexo’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

Here are some of the most commonly followed bullish candlestick patterns:

Here are some common bearish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers
  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

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