Long NULSBTC for BINANCE:NULSBTC by FullTimeBull

trendanalysis chartpattern indicator nulsbtc nuls btc technical trend chart bitcoin long

Nuls looks likely to outperform bitcoin here with a nice setup on the daily chart

Reasons to buy -

Momentum is heading positive

Finding support at 50 SMA

Above 200 SMA

50% retrace holding as support

Daily uptrend forming

Broke out of resistance and is holding on a retest

Rounding bottom

Clear risk

Comment:

Wow this chart seems to have gathered a ton of traction. Didn't expect that within 24 hrs of only my second post! Thank you all.

I think going forward i'm going to make the write up a bit more detailed for those that are looking to learn technical analysis and make my charts a little prettier.

Please do also check out my first post on NanoBTC -

[/IMG}

It is nearly at the first target.

Again, thank you for the interest!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.