Nucleus Cash Closes Above Resistance | Bottom In (200%+ Profits)

Nucleus Cash ( NCASHBTC ) closed above 12 satoshis on the daily time-frame for the first time since the 4th of August... Let's take a look:

  • Check the green zone on the chart above. We can see that NCASHBTC traded within this zone for 17 days on basically zero volume . Yesterday it broke it free and closed at 13 satoshis.
  • EMA10 our main indicator for bearish vs bullish potential. NCASH is now trading above EMA10, it required no effort/ volume to break this level. I call this a "passive" break above EMA10.
  • We are looking at really, really low 24H volume on Binance, right now sitting at around 7BTC. This is indicative of a low being hit.
  • While sitting at its lowest low, the RSI is already bullish moving past 50.

Additional signals are pointing to upcoming bullish action:

  • Altcoins bottomed out and starting to go green.
  • Bitcoin retracing and losing momentum.
  • Summer over, people will be looking to make money when they get back from vacations.
  • Patience is key... We have been more than patient, it is time to win.

Thanks a lot for reading.


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