With Bitcoin trending well above 4000$ for the past month, the market sentiment has shifted and NULS is not falling behind.
NULS was trading a range for 108days. The mid-term spike, backed by volume, to 0.00015BTC got my attention and NULS has been trending ever since. The bullish trend (HH>HL) is intact ever since the 10th of Jan low, puncturing through resistance lines, like a boss… NULS already realized a 130% gain of the low (@10k sats) and I think the bullish trend is far from over!
The 0.00015BTC zone is well established as support due to the 3 alternating touches, a zone that was previously a heavy resistance.
Things to consider:
>by looking at the visible range (volume) on the right, the support, lies at a market acceptance zone (also POC value).
>overall trading volume keeps expanding.
> Golden zone retracement (0.618>0.65 fib) of the low
You can always click the Horn and select make it mine to check the chart closely.
Disclaimer: This is not investment advice. This is only a personal idea. Always do your own research and only invest solely based on your own findings and personal judgement!
NULS was trading a range for 108days. The mid-term spike, backed by volume, to 0.00015BTC got my attention and NULS has been trending ever since. The bullish trend (HH>HL) is intact ever since the 10th of Jan low, puncturing through resistance lines, like a boss… NULS already realized a 130% gain of the low (@10k sats) and I think the bullish trend is far from over!
The 0.00015BTC zone is well established as support due to the 3 alternating touches, a zone that was previously a heavy resistance.
Things to consider:
>by looking at the visible range (volume) on the right, the support, lies at a market acceptance zone (also POC value).
>overall trading volume keeps expanding.
> Golden zone retracement (0.618>0.65 fib) of the low
You can always click the Horn and select make it mine to check the chart closely.
Disclaimer: This is not investment advice. This is only a personal idea. Always do your own research and only invest solely based on your own findings and personal judgement!