If you look at D1 price action, there is extremely bullish hammer from February 15th which was followed by morning star (Feb 16th) and strong bullish candle yesterday. Now there is some pullback which I consider already completed.
But let's go to H4 chart. Price is moving in a nice upward channel and has now settled on its lower bound. Additionally, grows will be supported by the 0.6200-0.6350 buying zone. I doubt that price will move below the 0.6000 level for longer time. Big leg up is expected in next few days. Targets have been set using Fibo extension: Target 1 at 0.8700-0.8850 (then possible pullback to the actual ATH) and Target 2 at 1.0400-1.0550.
Nucypher has also very strong fundamentals and I think it is undervalued.
Not a financial advise, only my opinion. Feel free to comment, ask and share your opinion. Please, subscribe my ideas if you like it.
But let's go to H4 chart. Price is moving in a nice upward channel and has now settled on its lower bound. Additionally, grows will be supported by the 0.6200-0.6350 buying zone. I doubt that price will move below the 0.6000 level for longer time. Big leg up is expected in next few days. Targets have been set using Fibo extension: Target 1 at 0.8700-0.8850 (then possible pullback to the actual ATH) and Target 2 at 1.0400-1.0550.
Nucypher has also very strong fundamentals and I think it is undervalued.
Not a financial advise, only my opinion. Feel free to comment, ask and share your opinion. Please, subscribe my ideas if you like it.
Comment:
Target 1 at 0.8700-0.8850 hit! Now as always after massive grows time for pullback and consolidation. It seems that price is heading 0.60-0.66 zone for that. It will be healthy and normal. Next leg will occur probably next week after some days (5-8) in consolidation.
