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NULSBTC trade ideas

NULS broke sats ATH and is not even close to done yet We're currently finding resistance at the all time high level of sats which is more than expected. Don't worry friends, there is a lot more left to go as we're just getting started. Wave 3 of the NULS supercycle should end around 77-81k sats so I would look for that around the end of the month Honestly I would prefer a healthy retrace down to the 51k or 46k levels but with the main net coming up soon that may be off the table. Have to wait and see
Long
by stir224
5
NULS to the moon! Strongest Alt coins during Bitcoin correctionHello traders, Nuls is one of the alt coins that stayed positive while Bitcoin was correcting last few days, and I feel like the bull momentum has not disappeared yet! After an explosive rally from April to May (100% profit), it is very common to have 50% retracement. I expected Nuls to retrace at least 38.2% Fibonacci or even double top formation last few days, but the fact that NULs has not retraced to that level is telling me that there will be another explosive run in next few days. Looking at the daily chart, NULS is forming this gigantic bull flag, and if and only if NULS manages to breakout from this bull flag, there will be an insane rally. The bull flag target is 140855 Satoshi, but I will take partial profit just right before 100K satoshi, as I expect 50% retracement from that point and find support at 57K Satoshi. Stoch RSI and RSI does not look healthy at the moment, but the fact that RSI is at the oversold region does not mean that we are not going to have bull ran. Please wait until breakout confirmation before entering NULS market. Happy Trading! FYI: Nuls will be releasing wallet as well as mainnet at the end of this month.
by x45lu
NULS looking to breakout! 40% Profit in next few weeks. Hello Traders, After 3-4 days of Bitcoin correction, it is time for alt coin recovery again. I am very a big fan of NULS, and I see a very bright future ahead for NULS. Looking at the 4 hour chart, NULS is at the edge of bullish pennant triangle pattern and it is imminent that NULS is looking to breakout in next few hours. NULS established EMA 50 as a support, and RSI is looking healthy for next explosive rally. The target for this trade is 57K Satoshi (this target is calculated based on the pole length of the pennant triangle pattern). Happy Trading!
by x45lu
4
NULS update #2! Nuls is doing everything right!Hello traders, Let me start off by saying that I LOVE NULS! NULS is not only a great project, but also the chart is just a thing of beauty. Let me decode why NULS TA chart is very beautiful. Please follow along my step and tried to understand each step. If you have any questions please feel free to leave the comment! 1) Initial breakout on April 18th --> Resistance --> Bounce --> Tried to find support at EMA 50/200 --> Fail --> Found support at purple line! (This was my turning point!) 2) After the bounce at purple trendline, NULS attempted to break resistance --> Success! 3) After breaking the first resistance (first orange line), NULS faced another down trendline resistance --> Bounce 4) Tried to find support at first resistance --> Fail --> Found support at EMA 200! 5) After the bounce at EMA 200 --> Surpassed second trendline --> Found support at the purple trendline. At this point I was completely bullish on NULS, and I added another batch of shares. I believe that NULS hit the plateau for now,and I expect minor dip before next bull run as both RSI and Stoch RSI is shifting toward bear side. What I want to see is NULS to retrace at 23.6% level, which coincidentally overlap with the second horizontal major resistance. Reinforcing this level as a support is a very bullish signal. If NULS failed to find support there, then next support is 37K Sats (38.2% retracement). This idea is more for educational purpose only, and I hope you learned something from this chart. Happy trading!
by x45lu
NULS: Daily chart. Can we close above descending resistance? Hello hello! NULS looking nice here. I'd like to see the daily candle close above both decending resistance lines on the chart. Volume is increasing as well. I will be posting a 30 minute chart shortly to show a nice channel developing. ROOKIE trader; Follow at your own risk! -Solid horizontal orange line: I bought at that price -Dotted horizontal orange line: mock buy, not in the trade yet -Solid horizontal pink line: Stop loss/sell implemented -Dotted horizontal pink lines: Targets
by infbp22