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NULSBTC trade ideas

NULS - Sleeping giant (mainnet launch soon)NULS team have been working hard and is finaly coming closer to the point where they launch the mainnet and breaks the market. NULS (just like BTC) have been bullish for awhile now. MACD shows confirmation for bullish movement as it crosses 0. Alligator indicator is crossing lines (blue and green lines switches place) which indicates for buy opportunity and bullish movement. Huge wedge have been building and breakout from that will proly reach 0.786 fib. Hopefuly we see good news (mainnet launch) before we reach tip of this wedge. Target 1. 34k sat Target 2. 60k sat Target 3. 92k sat (fib 1.618) Will update NULS movements to this chart later on.
Long
by Em4rk
5
DO NOT miss out $NULS accumulation phase!ENGLISH : You know the different phases of the market described on Dow's Theory, right? Well, if you don't, I strongly recommend you to do some research! To sum up: an accumulation phase occurs at the end of a downtrend, when ordinary investors, due to lack of patience, start dumping lots of it. Now, we can clearly see the increased volume I circled on the chart. But don't get afraid of how red are those volume columns: they're only selling because someone is buying! And these people are the smarter investors. We are going to face that important downtrend line soon, and I feel in my guts we're going high! I'm already in this, got a nice and cozy entry around 0.000263. If I were you, I'd buy as much close as possible from that support region and just let the market works itself out for some days, maybe weeks. PORTUGUÊS : Você sabe sobre as diferentes fases de mercado descritas na Teoria de Dow, certo? Bem, caso não, eu recomendo muito que você pesquise um pouco! Para resumir: uma fase de acumulação ocorre no final de uma tendência de baixa, quando investidores inexperientes, por falta de paciência, começam a vender uma grande volume de um asset com baixo preço. Nós podemos ver claramente o aumento de volume que eu circulei no gráfico. Mas não fique com medo do quão vermelhas são as colunas de volume: eles só estão vendendo porque alguém está comprando! E essas pessoas são os investidores inteligentes. Nós estamos prestes a enfrentar aquela importante tendência de baixa, e eu sinto que o preço vai subir! Eu já entrei nessa trade, consegui uma boa e confortável entrada por volta de 0.000263. Se eu fosse você, compraria o mais próximo possível da região de suporte assinalada e então apenas deixaria o mercado funcionar sozinho por alguns dias, talvez semanas.
Long
by MatheusFranco
7
NULS/BTC 4H Chart - Bullish Entry Fact 1: NULS is a project with strong fundamentals which will do just fine on the long-run but it's not lurking not far from historical lows. Fact 2: We have a 4H trend which was touched 4 times before the price went over it and now it's retesting the level. 28660 is a strong level so we would need a little bit more volume in order to break it. You can either enter now at 28000 while retesting the trend line ( the trend line was never broken until now and cryptos usually take a second wave before breaking a strong ytrendline) or go for the safer bet and enter once the bulls gather more power and break above 28660 IF the volume will confirm the move.
Long
by CyrusTheGreat
NULS OVERVIEWAfter it failed to form an inverse H&S, we can see an descending triangle pattern formed. At this point we will look for a break of the resistance or support line and a retest of the line broken to see if it has been confirmed as new resistance/support. On the RSI there is a hidden bullish divergence and the macd has crossed. The project delayed the mainnet release, but when they announce a new date of the release I am leaning more to a bullish break. PS:Still have to watch bitcoins movement to be convinced of a bullish move.
by OuSen
NULSBTC Possible bounce soon!Hey guys just wanted to show what I think might happen with NULS in the near future. This token can be hard to predict due to its low volume tendencies so expect to see more wicks that extend past where they should. Anyway, it looks like NULS is finishing with its ABC correction with a final leg C that should be 1:1 of leg A and that is highlighted in the green box. It is very possible this leg could extend further but I don't see it happening. NULS is already over sold on nearly every time frame and has begun to show signs of bullish divergence so I would expect to see support start moving in. Lastly, if the red support line is breached there is not much in the way of us falling to 19-22k so just keep that in mind. Stay safe and always wait for confirmation to trade!
by stir224
NULS/BTC Possible bounce soonHey guys just wanted to show what I think might happen with NULS in the near future. This token can be hard to predict due to its low volume tendencies so expect to see more wicks that extend past where they should. Anyway, it looks like NULS is finishing with its ABC correction with a final leg C that should be 1:1 of leg A and that is highlighted in the green box. It is very possible this leg could extend further but I don't see it happening. NULS is already over sold on nearly every time frame and has begun to show signs of bullish divergence so I would expect to see support start moving in. Lastly, if the red support line is breached there is not much in the way of us falling to 19-22k so just keep that in mind. Stay safe and always wait for confirmation to trade!
Long
by stir224