NAS/BTC (Tested Support Twice)💎Technical Analysis Summary💎
BINANCE: NASBTC
-Nebulas retested key support twice and now consolidating above it
-There is a pause on the selling pressure and this is a good sign in the short term
-But the main battle is not yet over until the trendline resistance is broken upward
-I recommend to be cautious and wait for the proper breakout confirmation
-Reducing the risk in every trade is very important to be profitable in the long run
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NASETH
NAS/BTC (Retest Potential Key Support)NAS/BTC
-Nebulas just pump over 40% yesterday
-Today, the price already retraced -21%
-If the pullback will continue further
-The area needs to be watching is around 415 range
-This is a confluence of previous resistance
-Which has the chance to flip into new support
-The volume has been increasing rapidly since March 2020
-This is a strong indication of accumulation
-There is tons of rooms to the upside
-But always keep an eye of the resistances ahead
NAS/BTC (Up to 98% Profit Target)NAS/BTC
This coin broke the down-line resistance and consolidating above it now turned into support.
We can see a Double Bottom happened before the huge Breakout candle and made
a Higher Higher after long months of a downtrend. Currently, 50 MA and 100 Daily MA are helping us to keep
the pressure moving up. We are looking for Higher Low to form in the area of 680 Sats - 603 Sats.
Breaking above 736 Sats will confirm a Higher Low is now set and ready to push another Higher High.
Trade setup
Buy area: 650 Sats - 580 Sats
Sell target: 900 Sats - 1200 Sats
Stop loss: 484 Sats
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There is a possibility for the beginning of an uptrend in NASETHTechnical analysis:
. Nebulas/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.005810 to 0.005225). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.005810)
Ending of entry zone (0.005225)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.006600
TP2= @ 0.006880
TP3= @ 0.007140
TP4= @ 0.007630
TP5= @ 0.008200
TP6= @ 0.010030
TP7= Free
There is a trading opportunity to buy in NASETHTechnical analysis:
. NEBULAS/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 72.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.005810 to 0.005225). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.005810)
Ending of entry zone (0.005225)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.006600
TP2= @ 0.006880
TP3= @ 0.007140
TP4= @ 0.007630
TP5= @ 0.008200
TP6= @ 0.010030
TP7= Free
Nebulas ($NAS) - up to 660% PPT! Long term trade.$NAS is in accumulation zone and it's preparing for a new bull cycle.
On daily chart there is a clear RSI and MACD bullsih divergence.
Green - buy. Red - sell.
Keep in mind that previous ATH can be surpassed because $NAS started trading at the very end of the bull market.
It's not a financial advice.
Trade carefully and good luck!
There is a possibility for the beginning of an uptrend in NASETHTechnical analysis:
. Nebulas/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006100 to 0.005600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.006100)
Ending of entry zone (0.005600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.006890
TP2= @ 0.007140
TP3= @ 0.007680
TP4= @ 0.008200
TP5= @ 0.009800
TP6= Free
There is a possibility for the beginning of an uptrend in NASETHTechnical analysis:
. Nebulas/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006100 to 0.005600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.006100)
Ending of entry zone (0.005600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.006890
TP2= @ 0.007140
TP3= @ 0.007680
TP4= @ 0.008200
TP5= @ 0.009800
TP6= Free