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)**
Nulsbtcforecast
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 #Nuls - ANALYSIS - Big move soon, just not yetHello Lads and Ladies,
As just now requested, we will take a look at NULSBTC a coin that is hyped a lot, actually has some nice potential but just "not yet".
Taking a look at the daily chart we can see a very slow increasing, yet well respected support line. At this line most of the bounces happened. As we can see we had a nice bounce from this line almost a week ago. It went to the most recent resistance line and at least at the daily it is "hugging" it. Moreover, we can see that it has been rejected from the mid Bollinger Bands as well as the downtrend resistance. Therefore, I believe that we will see NULSBTC coming down a little more or even bouncing from the overall support pretty soon.
Looking at the RSI, it is also seeming to retrace and it should find its bottom around 10 Points below.
To confirm these findings we will take a closer look at the 4h chart of NULSBTC ->
Here we can see pretty much the same picture. Nevertheless, taking a closer look we can see a descending double top just above the downtrend resistance, which basically gave the retracement a very clear indication. This double top, when it retraces all the way back, would form a slightly bigger scale double bottom, which would indicate a bounce.
Looking at the RSI we can see almost the same picture of it heading down right now and with it most likely forming a double bottom.
Nevertheless, there is a chance that NULSBTC will not retrace completely to the support line and bounce even earlier. This would also mean on RSI that the mentioned double bottom would be at 31 points and not at 20 points.
Basically, looking at both charts we can clearly see that NULSBTC is retracing right now and will have a bigger bounce after this retracement. One major indicator for this is also the volume, or better said the lack of volume. Whenever NULSBTC will get a lot of volume again, we will see pretty nice pushes. Right now the volume is crashed and is looking for a "revival" ideally at the bottom the of the uptrend support.
This bounce would be able to hit at least the 38.2% and touch the 50% fibs line.
IN NUMBERS
- BUY @32k-30k
- SELL @34.5k - 39k - 42k