Long NULSBTC
Updated
Nuls looks likely to outperform bitcoin here with a nice setup on the daily chart
Reasons to buy -
Momentum is heading positive
Finding support at 50 SMA
Above 200 SMA
50% retrace holding as support
Daily uptrend forming
Broke out of resistance and is holding on a retest
Rounding bottom
Clear risk
Reasons to buy -
Momentum is heading positive
Finding support at 50 SMA
Above 200 SMA
50% retrace holding as support
Daily uptrend forming
Broke out of resistance and is holding on a retest
Rounding bottom
Clear risk
Note
Wow this chart seems to have gathered a ton of traction. Didn't expect that within 24 hrs of only my second post! Thank you all.I think going forward i'm going to make the write up a bit more detailed for those that are looking to learn technical analysis and make my charts a little prettier.
Please do also check out my first post on NanoBTC -
[IMG]
It is nearly at the first target.
Again, thank you for the interest!
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