Based on previous pops NU may see some more "sideways" from here, granted the current sideways has shown a 20% increase in price over the past 5 days. Let's see if we get another pop within the next few hours. Strap your seatbelt on and be prepared for either direction.
Check what happened after COINBASE:NUUSD price reached $0.32 local high on February 1st! Now we are having similar triangle pattern forming after massive grows on Friday last week. On H1 chart price retraced to SMMA, RSI was cooled down and we are ready for the next pump up! We are missing only one element - increasing volume. When buyers will appear, first wave...
NU looks primed to jump up over $1. We had a move up to about $0.90, and a 50% Retrace (using fib retrace tool) - and a bounce off that line. So we have the Fib extension at $1.08 $1.29, $1.80
Consolidation period from the last ATH could be about to come to an end for the Nucypher coin.
In just a few days, NuCypher has demonstrated impressive growth as the price of the asset has increased almost threefold. Such growth cannot persist without a short-term correction, which has already begun on the 4H chart. According to its RSI indicator, the coin has begun to move out of the overbought zone. The chart has also managed to roll back to 0.618...
After breakout, 0.63 cents would be conservative price target. Retesting ATH very likely. cheers. ✌️💫🚀
My short call is strictly based on the descending triangle, nothing else. There are quite a few fundamentals that could hold the line and push the price further. If the descending triangle breaks NU may fall back down for a very short ride to retest the previous ATH, or even lower.
Hello Traders, I thought I have posted this already, but I have not. Nucypher is probably the most bullish trade I have seen in awhile. The fundamental numbers behind it make sense why this asset will pump a lot as well. It is lagging behind everything else on Coinbase. However, regarding the TA, we have NU breaking over the downtrend line. It then continued...
What can I say, NU is ready to run very soon. This does not happen every day so have fun everyone!
Bullish setup since inception for NU First, highs remain around same area, and lows are getting higher and higher, as we progress forward, so we would have an ascending triangle formation if we cared to draw. NU finally climbing to previous highs, which could be around $0.28, $0.35 - $0.42 - any one of these points may trigger a handle formation. at which...
NuCyper is looking pretty solid right now. It seems to be coming off a rounded bottom and forming a flag. Right now there seems to be some resistance around .24/.25 cent range but if it happens to break above this resistance we could very well see price discovery!
Just learning to do trend lines and catch the breakouts,
Hello Traders, NU has gained some very good momentum at the moment. We are about to hit a resistance area for the third time over the last 30-days. We've been harshly rejected each time. You can refer to the chart above for the red resistance box above the price for where this area is. I do believe that upon breaking this heavy resistance, we should finish out...
Hello Traders, It looks like we may have formed an inverted cup and handle which is usually a sign of a pullback or downtrend. Based on the overall momentum of the market at this time, I don't believe this will happen, at least not a major pullback as we had a couple of weeks ago. But, if we do get the confirmation of the trend breaking the bottom line of the...
Posted on NuCypher Last night on a 15 minute chart. Looking to finally gain some momentum after some nice conslidation (except for the plunge last week) Recovered very nice and I have a feeling in the coming weeks the teens will be a thing of the past ( for now ) I am not a professional charter in any shape or form, still learning more and more every day! Do not...
NuCypher has been funneling into this range over the past two months. It's undervalued in the current market. I'm also seeing signs of bullish divergence in RSI. I think a pump is imminent and I have my price targets around $.80-$1.25 in the coming months. Let me know what you think!
If NU fails to hold support I expect to see a drop below .14 cent, Good luck!
I am seeing a bullish descending triangle for NU. The support is very strong. Decision time looms and could happen 1/3/21