Nuls
NULSUSDT ❌ Nuls Proof of Bullish Reversal?...if Support is Held💬 The NULS + Nerve Network and Bitcoin staking services news is almost as bullish as the potential bullish reversal we are seeing on NULS's chart. Let's take a look at some different timeframes to see what NULS is up to.
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Hourly Support:
S1: The S1 S/R flip has already acted as support, ideally once is enough and we start a move up from here. With that in mind, it may see a reaction again if retested so its worth having on the radar for that. Mostly though, this level is notable in being a key level to hold as you'll see as we move along with the analysis.
S2: S2 S/R flip is a likely support if the current move ends up being one of bearish continuation as shown by the downward ABC line. A move like that would show weakness in the higher timeframe market structure, so although the support is relevant, this sort of price structure is something to be cautious of.
Hourly Resistance:
R1: The R1 S/R flip will either act as resistance, bringing us downward, or as support if price can move above it. The bulls want to see it act as support as shown by the upward sloping "bullish reversal move" ABC line.
R2: The R2 S/R flip is where we expect a bullish reversal move to find resistance and reach a decision point.
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4 hour USDT:
The major price pivot point shown here is the level that the bulls must hold. If the bulls hold here, NULs has a long way to run. If the bulls can't hold, NULS shows real weakness. This is why we don't want a retest of S2 on the hourly, it jeopardizes this level.
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4 hour BTC:
4h BTC Support:
S1: The S1 orderblock lines up nicely with the USDT's S1. This makes this support even stronger and more ideal to hold.
S2: Again, we have an S2 support that could work like we explained with the USDT hourly S2, but retesting it isn't ideal (unless it is retested by BTC rapidly outpacing NULS... although that itself isn't the ideal for NULs bulls).
4h BTC Resistance:
R1: The R1 orderblock is the first point of resistance for BTC. Keep this one in mind if we do get a run.
R2: The same logic as R1, the R2 S/R flip will be a key resistance if and when it is tested.
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Summary:
NULS bulls want to see S1 hold. This is a rather important support to stay above, thus the clearest path is a bullish continuation from here as a show of strength. Although there is some local resistance, higher-timeframe resistance Is a good ways off. So if NULs can move here, it has a good amount of uptrend potential.
Resources:
www.businesswire.com
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Will Nuls Lead The 2nd Altcoins Round?Here is one example as to why I believe many altcoins will continue to grow... This is Nuls (NULSBTC) on the weekly timeframe:
Here we can notice the broken trendlines.
Also a break above EMA50. Breaking above this level can lead to EMA100 being challenged or 100%+ in potential profits.
These two are very strong bullish signals.
The weekly candle closes today in about 12 hours.
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Previous chart, Mar 26 2020
Nuls Can Continue Growing (Over 1770% Mapped Long-Term)
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Looking at the daily chart, we can see a very strong uptrend within an ascending channel... NULSBTC can easily continue growing.
Remember to hit LIKE to show your support.
Namaste.
Nuls Keeps Going, Long-Term Targets & Potential (~800-1150%)We have something very interesting here... This is the weekly (W) timeframe for Nuls (NULSBTC)... Follow me.
First, I've marked here the long-term potential and targets for this altcoin pair.
These are the grey and orange dotted lines on the chart. These are long-term targets.
The potential profits are set at 800%+ to ATH and up to 1160% to a new ATH based on Fib. proportions.
Now, the interesting development on this chart is the massive bullishness we've seen these past few months.
We have 8 consecutive green candles, 9 if you count this week which closes today.
This has never happened before and signals that a new cycle is upon us.
The way the market is behaving is completely new.
Seeing prices close above EMA50 also confirms the long-term bullish potential and the coming change of trend.
When prices drop we will likely see a test of this level and then growth long-term.
This is not financial advice.
Namaste.
Previous chart (short-term)
#NULS/BTC (June 29)NULS seems to have completed this rising wave and needs to correct if it wants to keep moving up. The adjusted range is likely to be around 4000-4200sts.
And when NULS falls here, we will need to consider it carefully before buying
However, I think it is possible to buy at this price range and sell at 5000sts
$NULS, Crossing over ~3650 sats and sitting over it$NULS
Crossing over ~3650 sats and sitting over it w/ increasing volume...
UCTS showing buy signals across several timeframes..
Willing to wait for a R/S Flip or continuation of volume as confirmation
If happens, then aiming for 4k/4.5k as targets..
#NULS
NULS/BTC is in a nice uptrend... NULS/BTC is showing some nice uptrending moves. Its holding up very well on the EMA20. It is Trading above a very bullish EMA20 line, and Trading above the EMA200 line. This confirms the coin is in an uptrend.
Using Fib extension to track how much profits can be squeezed out...
Entry at 0.00002463 (late entry, but will buy if it dips to a support level)
Take profit targets:
Short term at 0.00004453
Mid term at 0.00004837
Long term at 0.00005958
Stop loss: 0.00003416
NULSUSD - Elliot wave count (Lower time frame)I beleive as it stands we are in a complex correction for NULSUSD. The volume and movement doesn't stipulate an impulsive motion and therefore i think were forming a B wave overall before a larger impulse down. They have an airdrop approaching in July so i think we will maintain our highs until the airdrop completion date and then dump.
NULS is doing well !#NULS / BTC ( Binance )
Buy Range : 0.00002421
Stop Loss : 4h Close below 0.00002290
Target 1: 0.00002596
Target 2: 0.00002722
Target 3: 0.00003027
- Another nice overview on this altcoin, which is inside of descending channel. After a big correction now is looking to retest some highs. Expecting better prices vs BTC
- CCI, RSI MACD and most indicators looks fine confirming the bull short-term moment
- Many altcoins working in the same way.
GL !
Nuls Can Continue Growing (Over 1770% Mapped Long-Term)Here we can see a massive 95%+ candle today for Nuls (NULSBTC)... I would like to show you what happens when you zoom out, take a look at the chart below:
It goes even further if we compare current prices to the all-time high, we have a gap of 1770%, see below:
This is only the beginning, the altcoins market will continue to heat up.
Feel free to leave a comment if you have any questions.
Namaste.
Nuls USDT - Bull market Fib + elliot wave puntI like nuls historically for being a somewhat predictive trade versus others of similar market caps. This is a basic fib retracement + elliot wave recapture of the upper $1 range assuming we range and go up with bitcoin and not correct much from its current $9700 range. If btc ranges to $12k-$14k, this could likely regain $1.