NULSUSDT AnalysisI am currently bullish about NULS at the moment while EngineeringRobo remains to be bearish.
If you're holding NULS, you should hold and sell at the downtrend resistance level, 0.711 resistance level or wait for EngineeringRobo sell signals.
If you're looking to buy, you can buy with EngineeringRobo signlas or buy at the support levels (0.217).
What ever level you choose to buy or sell at, you should watch EngineeringRobo signals closely! If you want to use EngineeringRobo, DM me!
NULSUSDT
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
NULSUSDT ❌ Nuls Proof of Bullish Reversal?...if Support is Held💬 The NULS + Nerve Network and Bitcoin staking services news is almost as bullish as the potential bullish reversal we are seeing on NULS's chart. Let's take a look at some different timeframes to see what NULS is up to.
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Hourly Support:
S1: The S1 S/R flip has already acted as support, ideally once is enough and we start a move up from here. With that in mind, it may see a reaction again if retested so its worth having on the radar for that. Mostly though, this level is notable in being a key level to hold as you'll see as we move along with the analysis.
S2: S2 S/R flip is a likely support if the current move ends up being one of bearish continuation as shown by the downward ABC line. A move like that would show weakness in the higher timeframe market structure, so although the support is relevant, this sort of price structure is something to be cautious of.
Hourly Resistance:
R1: The R1 S/R flip will either act as resistance, bringing us downward, or as support if price can move above it. The bulls want to see it act as support as shown by the upward sloping "bullish reversal move" ABC line.
R2: The R2 S/R flip is where we expect a bullish reversal move to find resistance and reach a decision point.
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4 hour USDT:
The major price pivot point shown here is the level that the bulls must hold. If the bulls hold here, NULs has a long way to run. If the bulls can't hold, NULS shows real weakness. This is why we don't want a retest of S2 on the hourly, it jeopardizes this level.
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4 hour BTC:
4h BTC Support:
S1: The S1 orderblock lines up nicely with the USDT's S1. This makes this support even stronger and more ideal to hold.
S2: Again, we have an S2 support that could work like we explained with the USDT hourly S2, but retesting it isn't ideal (unless it is retested by BTC rapidly outpacing NULS... although that itself isn't the ideal for NULs bulls).
4h BTC Resistance:
R1: The R1 orderblock is the first point of resistance for BTC. Keep this one in mind if we do get a run.
R2: The same logic as R1, the R2 S/R flip will be a key resistance if and when it is tested.
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Summary:
NULS bulls want to see S1 hold. This is a rather important support to stay above, thus the clearest path is a bullish continuation from here as a show of strength. Although there is some local resistance, higher-timeframe resistance Is a good ways off. So if NULs can move here, it has a good amount of uptrend potential.
Resources:
www.businesswire.com
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NULS/BTC (Approaching Key Support)NULS/BTC
-the price has retraced over -30% from the top
-approaching a potential area of support
-this zone was a previous resistance and could flip to new support
-enter a buy position only if there is bullish strength or reversal signs
-but if the 1st green support failed
-the next area to watch is somewhere in 4000 zone
NULSUSD - Elliot wave count (Lower time frame)I beleive as it stands we are in a complex correction for NULSUSD. The volume and movement doesn't stipulate an impulsive motion and therefore i think were forming a B wave overall before a larger impulse down. They have an airdrop approaching in July so i think we will maintain our highs until the airdrop completion date and then dump.
Nuls USDT - Bull market Fib + elliot wave puntI like nuls historically for being a somewhat predictive trade versus others of similar market caps. This is a basic fib retracement + elliot wave recapture of the upper $1 range assuming we range and go up with bitcoin and not correct much from its current $9700 range. If btc ranges to $12k-$14k, this could likely regain $1.
NULS / BTC | Already +20% profits, but it can push 50% more!NULS after reaching buy levels now in 20% profits, as I made previous chart now I see price aproaching EMA 50-100-200 to crossover in bullish structure. If this will be done I believe price will make great profits.
Targets by levels on the chart
Previous update:
NULSUSDT forming bullish Crab | Upto 157% expectedThe price action of Nuls / US Dollar is forming bullish Crab pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2266 to 0.1584
Sell between: 0.2795 to 0.4071
Enjoy your profits and regards,
Atif Akbar (moon333)
NULSUSDT has formed a bullish Shark | Upto 268% expectedPriceline of Nuls / Tether US cryptocurrency has formed a bullish shark pattern and entered in potential reversal zone.
Price action has hit the support lower band of bollinger bands 1st time ever.
Stochastic has given bull cross.
MACD is turning bullish.
I have defined targets using Fibonacci sequence:
Buy between: 0.4299 to 0.2650
Sell between: 0.6106 to 0.9762
Regards,
Atif Akbar (moon333)