Nuls
NULS-USDT3H 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 lower part of the channel.
Very low volume on daily: 226k / 24h on Binance
Trading strategy:
1. Buy around this price range (stop 2-3% below this area)
2. Wait and buy when the price breaks the upper part of the price channel.
3. Opportunity to trade inside this price channel (14% max. profit)
$NULS, 15 min In A Different Time Zone…
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend with no signs of reversal. Stochastic RSI showing momentum is in favor of bears, will watch smaller timeframe for entry. Last time we were at this price we saw a sell off from 17000 to 5000.
Daily
Shifting over to our pattern timeframe we see price has formed a lower high at 18000, and is now looking to form a lower low. Stochastic RSI showing momentum is in favor of bears with no signs of reversal. A daily bearish engulfing leads us to a sell off towards our 5000 support. Psychological support at 15000, a daily close above 17000 activates our trade.
$NULS Trying to Break 141 Days Downtrend. It's on the Edge!40 mills on the current circulating supply with $46 mils market cap, NULS ranked #113 on coinmarketcap.com. I know it's not really famous token but consider the image, it's quite nice as it seems like trying to break the downtrend little bit early, the price spiking once or two with 12-15% upward movement.
Right now it really looks like sitting on good support zone, but let's see due to BTC price volatility we might should consider to draw the second green box below with 4654 - 7311 sats as the latest support. It's very unlikely. I think that only thing that can do that are internal problems like team involved fraud, exit scam or something or due to Bitcoin price volatility. Otherwise, we won't see that coming, we might go sideway or upward.
My support zone at the moment is from 14k - 17k. This is looks good for accumulation. Even tho this token is not leaving quite big room to grow, only less than 3x, but you should consider it. Only perfect timing will fortune you holding this one, but it's quite heavy to bring up the price (:
Trade safe!
NULS broken cup and handle .... bright futureI am glad for what i am seeing right now ... as you can see ,it was a very nice pattern ... untill ... 5 september ... at that point , whole market collapsed , but what i am sure of is that before we moon , for NULS -> 2.6-2.8$ per unit, will be hitten multiple times... we speak about months of course.
Every target you once chased , will be a future resistance in moving up :)
NULSBTC - LONG FOR 95% Potential Profit> Found support at the .786 (if it breaks, look to rebuy around 11000 sats.)
> Flattening EMA's.
> OBV still looks strong.
> Bullish divergence with RSI
> 10 EMA currently holding it down, but looks like it will break through soon.
> Possible rumors around Korean exchange listings.
> May take 7-10 days, so be patient with this trade.
NULS new cycle and uptrendNULS is closing to an end of downtrend and getting ready to storm into a new cycle with an astonishing growth. Wow wow wow!!! Is it really? No!!! Don't be fooled by FOMO =)
But the coin is good and promises some good growing. It is too low to fall lower and found a floor at 166. Breakout of parallel channel is near and the targets are 195, 206, 212. Long term is 240.
Take a look at 3 day chart for cycles. Working good so far. So may have another dip before uprising unless BTC burst to the moon.
Not a financial advice. For educational purposes only.
NULS USDTLaddering 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.
Trade safe!