NULSBTC
$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 Weekly Update 9/24/2018Nice weekly reversal close last week led to a strong bounce today. I'm looking at longing any retest of the weekly open as we had a nice impulse move away from that level. My stop will be under last week's low and I'm targeting weekly resistance above(red). You can see this daily resistance (pink) has been tested twice before and a third test probably won't hold. Good luck trading!
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: BINANCE COMPETITION & PARTNERSHIPS - PROFIT = 44.83% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of August 2018 .
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 44.83% PROFIT!!!
The increase in price may also be explained by positive developments including:
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.
The price increase is the result of the positive developments outlined above and a recovery in in the cypto markets.
***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 Weekly Analysis 8/27/18Welcome! I've been learning/praciting technical analysis for awhile now and have recently learned a lot about price action. I plan to publish my thoughts at least once a week. My goal is to practice, improve, learn and hopefully share some knowledge with the community. Please feel free to challenge and question me (respectfully). This is also not financial advice in anyway and is meant for entertainment. PSA: Don't look for advice from random people online- learn and create your own ideas for trades!
4H:
NULS has looked like it may turn things around recently. It is making a series of higher lows on the 4H chart. It broke above a 3D bearish order block and is consolidating above it now. I think this resistance will become support and I like a break to the upside to occur.
Trade:
I'm long already but I like this trade. I think NULS can break through the order block overhead because it has already been tested 3 times. I think supply is weakening and a run higher could occur.
NULS Analysis 8/21/2018Welcome! I've been learning/praciting technical analysis for awhile now and have recently learned a lot about price action. I plan to publish my thoughts at least once a week. My goal is to practice, improve, learn and hopefully share some knowledge with the community. Please feel free to challenge and question me (respectfully). This is also not financial advice in anyway and is meant for entertainment. PSA: Don't look for advice from random people online- learn and create your own ideas for trades!
4H:
Jumping right to the 4H chart NULS has been ranging between two 1D order blocks(bearish vs bullish). Right now it is testing bullish support for the 3rd time. It has made a series of higher lows but also lower highs. I'm watching this area carefully as a break below it may offer a chance to sell and rebuy lower. It has done a decent job staying above the orderblock equilibrium but I'm wary of it being below there now. There is also a 3D bearish OB that could be resistance on a retest. If this area provides a rejection I may look to sell here and look for support to falter below. My long term goal is to accumulate as much NULS as I can so don't take my outlook on the price as a negative view of the project.
1D:
Areas I'm looking to rebuy if support breaks.
$NULS, To The Bottom We Go…
Weekly
Looking at our trend timeframe we see price has broke our 30000 support zone and we are now heading towards our 2nd target at 15000. Stochastic RSI showing momentum continues to remain in favor of bears with no signs of slowing down.
Daily
Looking at our pattern timeframe we see price respecting our bearish channel, stochastic rsi not showing any signs of slowing down, a 4hour close above 25000activates our trade, otherwise sitting on our hands until 15000 is reached.
Nuls looks ready to goBullish divergence
Falling wedge
Right above confluence zone of previous support
I would not be surprised to see a lot of stop losses line up right under 0.000255, and a some whales use them as liquidity before nuls can break up higher, therefore I'll wait for more confirmation before entering a position on nuls.
Nuls VS Bitcoin Signs of an UptrendOn the 29th of June, Nuls reached the 29.7k satoshis support, where it has rejected 88.6% Fibonacci retracement level. Since then price has been rising consistently, while printing higher highs and higher lows, suggesting the validity of an uptrend.
What is interesting, is that NULS/BTC yesterday rejected the 3/1 Gann Fan trendline and 76.4% Fibonacci support, that is 34.4k satoshis level. At the same time the downtrend trendline has been broken.
However, the 44.5k satoshis resistance is still valid, and in order for Nuls to go higher, it mus be broken with confidence. If/when that occurs, price is likely to increase towards next Fibonacci resistance level, that is 56.4k satoshis.
On a downside, if resistance will hold Nuls is likely to consolidate and perhaps go down towards 30k satoshis support or even lower.
NULS - Elliott Wave TheoryOverall pretty bullish. The mainnet release is also coming up so that could be a confluent reason as well.
If we zoom out, though, to the 1d and take a fib retracement lvl over the big downward move
we see that the target comes close to the golden pocket, another confluent reason.
Target: 0.00049 area
Anyway, this is my first post on here so feel free to leave any tips ECT!