Bull or Bear, Nuls Potential Positve RRR for the BullsI stumbled upon, nuls and saw some strong arguments that we have a positive trend.
However since BTC is leading the "pump" we are not in a bull market yet, we can say we are in a bull market if we break macro ms levels around 5.830 on Bitfinex (preferbly above 6.4k ranges...)
As you can see for Nuls we are close to critical levels and we have historical support levels and a potential 618 fib level.
Also the Daily Pivots could act as strong support and resistance levels.
I hope the levels are clear.
NULSBTC
NULS is a winnerNuls looks strong and if the bottom is in (as it seems to be) and we look at SHSL, the first target (the 236) was hit with perfection. Waiting for the 382 and 618 to be hit next. Of course, if NULS is a real winner, we would not stop there. We should think more in the line of 1.272 or 1.414, but let's start nice and easy. Volume is rising together with price, which is a sign of healthy price development.
Recommend using the 3D chart for long term analysis, as it eliminates a lot of noise. Looks like a perfect buy area. I am in .
No need to be overly technical either. It is a textbook bullish chart. NULSUSDT looks bullish too, where a C&H formed (sometimes this can be a reversal pattern, but technically probably better to talk about a bull flag. And what a beauty it is. Confluence with the BTC target provided here.
NULS calling for the Bulls!With Bitcoin trending well above 4000$ for the past month, the market sentiment has shifted and NULS is not falling behind.
NULS was trading a range for 108days. The mid-term spike, backed by volume, to 0.00015BTC got my attention and NULS has been trending ever since. The bullish trend (HH>HL) is intact ever since the 10th of Jan low, puncturing through resistance lines, like a boss… NULS already realized a 130% gain of the low (@10k sats) and I think the bullish trend is far from over!
The 0.00015BTC zone is well established as support due to the 3 alternating touches, a zone that was previously a heavy resistance.
Things to consider:
>by looking at the visible range (volume) on the right, the support, lies at a market acceptance zone (also POC value).
>overall trading volume keeps expanding.
> Golden zone retracement (0.618>0.65 fib) of the low
You can always click the Horn and select make it mine to check the chart closely.
Disclaimer: This is not investment advice. This is only a personal idea. Always do your own research and only invest solely based on your own findings and personal judgement!
Long NULSBTCNuls looks likely to outperform bitcoin here with a nice setup on the daily chart
Reasons to buy -
Momentum is heading positive
Finding support at 50 SMA
Above 200 SMA
50% retrace holding as support
Daily uptrend forming
Broke out of resistance and is holding on a retest
Rounding bottom
Clear risk
NULS/BTC - Setting up for potential 62% upswing soon!I am seeing several bullish signals in the NULS/BTC chart here that I would like to share with you. Most importantly we have a golden cross with the daily 50 EMA crossing above the 200 EMA. We also see price maintaining above the volume profile POC and a few huge spikes in volume that signal major accumulation. This one has potential to go much higher than the targets I have listed but I would be locking in some profit at those levels.
NULS waiting for a decisionNuls is another getting close to decision time.
Price bounced nicely off the .618 fib and is now getting pushed into a wedge where price has to decide if it wants to go up or down.
MACD is and momentum is looking pretty good for a breakout, I will be keeping an eye on it and will only enter once it breaks out.
If it breaks to the downside I will be picking it up in the accumulation zone.
Overall Nuls is a great project and I will be looking to hold a bag for the long term!
Not financial advise! What do I know? Nothing.
Nuls could go higher!Nuls one of my favorite coins is playing very good with massive returns.
Finally this coin reached the target for this wave 3.
This coin has very strong support at .382 fib level.
I am going to open this trade laddering my longs from .236 fib level to the top of the wave 1 at .5 fib level.
My target will be .768 fib level or higher.
This is not financial advice just I wanted to share my TA.
NULS: ALPHA RELEASE & $200M FUND INVESTMENT - PROFIT = 59.41% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 21st of March 2019 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 59.41% PROFIT!!!
The increase in price may also be explained by positive developments including:
2018
May 11: On May 7, China’s High-tech Industrialization Research Association Blockchain Industry Alliance (from now referred to as the CBIA) and the NULS project signed a partnership in Beijing. ULS will serve as the base chain for the “Key Ring” of DAPPs provided by the CBIA. By working together, the CBIA and NULS will contribute to the development of blockchain businesses of the future.
June 8: NULS signed a strategic partnership with MC Payment, one of the largest payment collection providers in Asia Pacific. MC Payment is a leading provider of electronic payment solutions, offering trusted gateway payment systems for both consumers and enterprises, as well as large corporate clients like Alipay. They have pioneered payment systems in the mobile and digital space and are rapidly expanding through acquisitions and joint projects into the blockchain arena. MC Payment plan to build their own sub-chain on the main NULS network, laying the foundation for their own blockchain initiatives and partnerships in the future.
July 11: Nuls launches their Mainnet.
July 18: Dragonex Exchange lists Nuls and establishes NULS/USDT trading pairs.
August 23: NULS signed an agreement with Veritag, SAKAE Fintech, Y3 Technologies Pte Ltd, Reefic Protocol and Morpheus Lab to establish a food chain alliance and a global food ecosystem based on blockchain.
August 30: Nuls announces web wallet.
September 30: Binance launches NULS Competition with 50,000 NULS Giveaway.
2019
March 6: Nuls is added to the Cointree cryptocurrency exchange in Australia.
March 22: NULS announces it is ranked 7 on the CCID Index of Public Blockchain Technology Assessment.
March 27: Nuls announces their impending Nuls 2.0 Alpha v1 release on the 28th March 2019 (tomorrow).
March 27: BlockGroup owned $200 million M&A crypto fund announces investment in Nuls.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)**
[NULS/BTC] TIME TO INVEST SOME ON NULS [ POT 25-80% PROFIT]#NULS / BTC ( Binance )
Buy Range : 0.00012000-12500 ( Good for long time investiment )
Stop Loss : Below 11400 ( Optional )
Target 1 : 0.00015800
Target 2 : 0.00019740
Target 3 : 0.00026300
Another coin which our SL was reached. Sometimes , this kind of losses could means much gains on a future because market gives different bullish signals but any kind of drop on Bitcoin could means massive sellout on altcoins. But well, thats another chance for this coin on a lower price action ( which is good for long investiment too )
This coin like other altcoins are doing good bullish setting on hourly chart. On this case, if Nuls can back around to 17k ( above our first target ) , it could means bullish reversal and other targets could be easy reached.
Most technical indicators looks good but remember set your SL in any case this coin drops off.
Good luck !
NULS retracing before continuation...$NULS Update,
Retested EMA200 with great volume and got rejected
6H showing a potential Alternate Bat pattern pushing price down
Currently sitting at .5 level of fib but .618 may happen (greenbox// entry)
MACD looks bullish, RSI Almost at overbought levels.
#NULS
NULS is starting to climb up!Hi All,
NULSBTC is starting to climb up.
EP; ~11200
SP; 13500
potential 20%
Trade period; Late Feb / Start of March
P.S
I'm not a financial advisor, you should do your own diligence before considering investing into anything!
You should check other published trade ideas by me, will start to run statistics once completed, won't publish new ideas till then!
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 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
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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.