Nebulas: It's all systems go!NASBTC looking good after a strong bounce from support of the bullish symmetrical triangle. There is a small chance that this formation is a bearish pennant continuation pattern, however, looking at the 1D chart, price has had a strong bounce from triangle support, StochRSI is oversold and MACD shows potential for an upwards crossover. There is also bullish divergence showing on the 4H chart (see pic below).
Nebulas has teamed up with Nuls (NULS), Bytom (BTM) and a few others to form the Blockchain Alliance Initiative which will work towards curbing vicious competition between public blockchains and they aim to open up their isolated ecosystems to new users and developers. Nebulas already has over 6800 dApps on its mainnet, they have strong advisory and backing and not bad R:R for a short term trade.
Buy between 0.0002300 - 0.0002400
Target 1: 0.0004030 - 0.0004220
Target 2: 0.0004520 - 0.0004780
Stop loss: 0.0001900
Good luck and happy trading!
Macdcrossover
EURAUD 4H SHORT TRADESThis pair has been in an uptrend for a long time and still going
Trading against the trend is risky
If price goes against you close trade early
There is price divergence compared to the Macd
1st Short trade
Macd has crossed below the red line - bearish pullback bias
1st Sell Stop @ 1.6285
1st Take Profit @ 1.6205
SL above swing high
2nd Short trade
Macd should still be below red line and have crossed the red zero line also
2nd Sell Stop @ 1.6125
2nd Take Profit @1.6035
Find appropriate SL
