So, maybe a cup and handle on Nuls. Of course, BTC will have to play along
Nuls breaks out of its channel it had been in since November, on high volume hitting the channel target almost immediately.
Declining wedges have a 92% chance of a upward breakout with about a 8-11% chance of failure * 5 reversal Points in wedge * RSI Divergence: price is declining but RSI is climbing * Volume: 75% declining wedges decline in volume during formation. Post performance improves with increasing volume. BINANCE:NULSUSDT
This triangle is Bullish Breakout of 0.433 is a good signal, wait for retracement and But the Pull Back
The fall was hard and now the supply is less than demand. Highly oversold. Keep a eye for quick rebounce. No advice only thoughts Shaqqs www.tradeplan.io
Those who have followed me for a while no I prefer to trade alt-coin pairs in USD or USDT rather than trade alt-coins in BTC or ETH. We have more control to protect our USD Capital than when trading in BTC or ETH. I saw this coin on Binance and looked a little bit of research. I honestly think it's worth a look...
3H Chart: NULS is testing this suport (around 1.07) since 12 Sept. and it is testing again now. If we consider this zone the absolute retracement it makes is a good buy for this time of the year. (also, take notice of the 100% retracement of the last big pivot) I consider this price movement taking place inside a parallel flat channel, which now has hit the...
Perfect buy opportunity on NULS/USDT. The price is currently conforming to a parallel ascending channel. Recommendation: Entry Price : 1.1800 Stop Loss: 1.1700 Target Profit : 1.2500
I am glad for what i am seeing right now ... as you can see ,it was a very nice pattern ... untill ... 5 september ... at that point , whole market collapsed , but what i am sure of is that before we moon , for NULS -> 2.6-2.8$ per unit, will be hitten multiple times... we speak about months of course. Every target you once chased , will be a future resistance...
If BTC found it's low at 6111 then there is a chance for this double bottom in NULS, which has recently been listed on Binance. I think there might be a chance for a Altcoin runup. IOTA already startet a small runup. NULS has not...
Laddering my buys orders in from the 1,34 price, aiming for the greenbox where's strong support. Look on the RSI and Stoch, it's a little bit oversold at the moment, if its goes up now, we make a good profit on the first fib levels. If it goes down more i'll buy more and start laddering, SL is x% under this green area. Always use an SL. Or play your exit plan....
NULS can do a 30% up run in next days if we following a cup&candle pattern