Descending a little more before the breakout...Looks like retracing to next support level at ~10325sats, Volume decreasing, MACD about to turn bearish and RSI flat.
At this support level we can expect a bounce to retest EMA50 (~12200sats).
A potential good entry will be the green zone of the falling wedge.
Nuls
NULS looking juicyLooking at Nuls on the 1d chart
Price sitting right at the POC
Big notch in VPVR that needs filling
Creating a nice W in price
Price also sitting on the .886 fib level
Bullish divergence in histogram
Willy looking ok
Volume looking ok, just need to figure out if the bulls or the bears are driving this bus
OBV happy and healthy, money flowing into the asset
Looking for a target at top of value which also lines up with the 50% target of that range
* Don't forget to hit that like button and follow me on Trading View for more chart analysis :)
Nuls (Nuls) | 58%+ Potential Profits | FREE TRADING SIGNALPair: NULS/BTC
Exchange: Binance
Trade Duration: Short
Risk: Low
Introduction
NULS is a global blockchain open-source project which is a highly customisable modular blockchain infrastructure; it consists of a microkernel and functional modules. NULS provides smart contract, multi-chain mechanism, and cross-chain consensus. It aims to break the technical barriers of blockchain, to reduce the cost of development, and to promote the usage of blockchain technology in the commercial field.
Technical Analysis
- Bullish RSI divergence
- Nearing apex of symmetrical triangle
- Higher low
- Previous pump wore down resistance zones, therefore there should be limited bids and they should be easier to break
- We would like to see a close above 0.0001100 BTC to confirm mid-term downtrend break
- We expect our targets to be met within 3 weeks at which point we will re-asses as to whether or not we think it will trade higher in the coming months
Our Entry Zone
0.00010500 - 0.00011184
Our Targets
1: 0.00012334
2: 0.00013175
3: 0.00016542+
Our Stop Loss: 0.00010000
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Comment your thoughts below.
And most importantly, enjoy your day!
Axsonex Team
------------------------------------------
DISCLAIMER:
This analysis is not financial advice and the Axsonex are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
Nuls Breaks Descending Channel + High Volume (400%+ PP)Looking at the weekly chart for Nuls (NULSBTC), we can see that a strong and long term descending channel has been broken.
There is a bullish crossover on the MACD and the RSI coming out of oversold.
The daily chart:
- Is showing big volume on the last candle and a strong break above EMA50.
- All these are strong signals.
- Green marks strong support/demand zone.
- Below the green zone is our stop loss. A candle close below this zone points to bearish action.
- Above the green zone, were NULSBTC remains now, leans towards bullish...
We have an open trade for Nuls and waiting patiently to start collecting profits.
Thanks a lot for reading.
Namaste.
Nuls | Declining Wedge?Declining wedges have a 92% chance of a upward breakout with about a 8-11% chance of failure
* 5 reversal Points in wedge
* RSI Divergence: price is declining but RSI is climbing
* Volume: 75% declining wedges decline in volume during formation. Post performance improves with increasing volume. BINANCE:NULSUSDT
[NULSBTC][400% PP] Nuls Bottomed Out - LONG @alanmastersNuls (NULS) Overview
NULS is a blockchain infrastructure for customizable services, driven by our global open-source community.
Following the principles of pluggability, modularization and parallel expansion, NULS provides smart contracts, multi-chain mechanism and cross-chain consensus to reduce cost of development and usage, and to promote the application of blockchain in the commercial field and the interaction among chains.
Nuls Trade Instructions by Alan Masters
Buy in: Up to 0.000132
Targets:
(0) 0.000151
(1) 0.000187
(2) 0.000210
(3) 0.000231
(4) 0.000273
(5) 0.000300
(6) 0.000342
(7) 0.000385
(8) 0.000416
(9) 0.000454
(10)0.000566
(11)0.000638
Stop loss: Close weekly candle below 0.000100.
Capital allocation: <5%.
PATIENCE IS KEY
Are you really thinking about making money "fast" again?
Are you really thinking, that joining "early" is the game?
Are you again thinking, of selling and changing to another coin?
If that is what you're thinking, I'll tell you, is wrong.
Making money has nothing to do with speed or joining date.
Making money has nothing to do, with getting in early or being first.
Changing coin is not the solution, it is about self.
Are you really trying to make money fast, or are you simply scared?
All you have to do to win, is wait.
All you have to do to be successful, is hold.
Once again we are buying at the bottom, in few weeks, you will see the price of this coin.
So learn to HOLD... And learn to wait.
Patience is KEY! ... That's what I always say.
Enjoy the trades.
Namaste.
NULS (Crypto Eye PREMIUM Trade)NULS/BTC
- Called in Crypto Eye Premium yesterday
- +15% profit so far for Premium members
Our Targets
1: 0.0001365
2: 0.0001625
3: 0.0002000
4: 0.0002970
Have a great day!
Crypto Eye Team
DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due-diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
NULS in the case of a global positive will bring a good result.#NULS 1d
In the event of a positive global market, NULS can demonstrate a good result for long-term investments. The asset has made a long correction path and is now testing a possible "bottom". Correctional rollback was -82%, which is more than enough; a downward wedge has also been formed, the breakdown of the upper face of which, as a rule, leads to subsequent growth; long-term MACD looks good and indicates the possibility of further growth; The Stoch RSI is very bullish, and the RSI is extremely oversold and ready to bounce. In the case of a positive on the global market, one of the scenarios might look like this: the price will jump up and break the upper edge of the wedge, after which there will be a regular rollback with testing this edge already as a support and if it withstands the pressure, you can expect further growth if the edge (already in the role of support after the breakdown) does not hold the price, then we will follow to the lower edge, in the case of the breakdown of which (and the support area around 0.00010000), the NULS can continue to follow the downward trend, canceling the positive scenario. Be careful, follow the active and consider all possible market behavior.
NULS/BTC Looking Very Neutral; Nothing InterestingBelow, is a full, in-depth dissection of NULS/BTC.
In the chart above, we can see NULS/BTC on the H4 chart.
From what we’re seeing above, it appears that the price is resting at a firm support point. We’ve identified four different times where that support point has been successfully tested above.
However, it is worth noting that the last test of the support point did not yield as amazing of results as the previous two tests:
Zerononcense Bands for NULS/BTC
The price is outside the bottom of the ZN Bands (trades just like the Bollingers’; custom indicator). So, there could be a slight bounce due to that.
Relative Strength Index(14) for NULS/BTC
RSI(14) for NULS/BTC isn’t really looking that promising though. Steady downtrend over the last few periods on the H4.
Let’s see what the RSI(14) shows us on the daily, instead.
Again, nothing to write home about.
Conclusion
NULS/BTC is a pass for the moment (in terms of entering a position) in our books. We have concrete or definitive ideas for NULS for the time being.
So, as of right now, this will be put in the ‘wait and monitor’ category. If there is anything interesting that comes out of NULS/BTC, then we’ll be sure to note that ASAP.
NULS look good#NULS 1d
Good levels to consider long-term investment opportunities. The current price range corresponds to the resistance of 2017, but at the moment it is a strong support. As you can see, the market fell for a long time, following a downtrend and forming a falling wedge, but approaching support levels went sideways. Stoch RSI looks good and shows a bullish mood, RSI and MACD have been following an uptrend for a long time, which is a good sign for the future movement of this market. We recommend to pay attention to the Nuls, the coin can bring about + 100% profit in the long term.