#NULS/USDT#NULS
The price has been moving in a descending triangle since January 2022
The price rebounded more than once from the support area
Currently, the Moving Average 100 has been broken to the upside
It is supported by my selling saturation on the MACD
The downtrend was broken
Current price 0.2344
The first target is 0.3749
The second target is 0.5100
Which represents 200% of the current price
NULSBNB
NULS/BTC (Form a Double Bottom?)💎Technical Analysis Summary💎
BINANCE: NULSBTC
-NULS bounce off at previous key support area
-But the small rally is starting to fade off
-If NULS can show any Bullish signs
-A good retest of recent support to form a Double bottom
-That would be a good indication from the buyers
-You can aggressively enter the green area with tight stop loss
-The potential target is up to the recent top or trendline resistance
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NULS/BTC (Hold 200D MA Dynamic Support?)NULS/BTC
-This coin is testing the major support area for the 2nd time
-We can see the price is currently holding at his level
-Also, the 200D MA dynamic support is following the price
-Can we expect another bounce reaction within a few days?
-The answer is Yes if Bitcoin will start to settle down
-But I recommend entering on the breakout of trendline resistance
-This reduces the risk in trading, this will confirm a new market structure
NULS looking greatSupport level is solid at .382. below this we have the dotted pink line and .236 fib as added support levels.
Next level to test is .5 fib - 0.00036
Indicators look promising, crossover on macd, rsi on the way up, momentum is up but bear in mind this could still test the bottom channel here at any time. for now im bullish