Nucypher has had several explosive breakouts and we could be on the verge of another breakout. We are in a 5 wave bearish trend at the moment and we're on the 5th and final wave. We can mark out a descending trendline and wait for the breakout. Trade idea: - Watch for the breakout of the descending trendline and enter - Alternatively, watch for bullish momentum...
After breaking the support down, we can enter the short position. But this support is very strong and since 2018, the price has not been able to cross this range Possibility of price movement upwards and long scenario after crossing the resistance of 1.74300