Nuls Ultra-Bullish (400% - 575% Bullish Growth Potential)NULSBTC hit a new All-Time Low (ATL) recently. Just recovering above its May 2022 low is a major development, black line on the chart, but the action is now full-green again. The type of action that is happening now, full green after a major bullish breakout, is ultra-bullish... Let's see what potential this pair has to offer.
I did an analysis for NULSUSDT, you can find it in the related ideas below this post.
We have: Strong growing, high buy volume after a new ATL, and almost three years of a bear-market; we can say NULSBTC is entering a new bull-market phase.
This means higher highs and higher lows long-term.
Long-term here is tricky because the bullish cycle for these pairs can last between 3-6 months, just as it can last 12 months or more. This is explained in a different trade-idea.
👉 Based on this chart, we have targets ready for 230%, 400% and 575% within months.
This is an easy win. Buy and hold.
Namaste.
