3H Chart:
NULS is testing this suport (around 1.07) since 12 Sept. and it is testing again now.
If we consider this zone the absolute retracement it makes is a good buy for this time of the year. (also, take notice of the 100% retracement of the last big pivot)
I consider this price movement taking place inside a parallel flat channel, which now has hit the lower part of the channel.
Very low volume on daily: 226k / 24h on Binance
Trading strategy:
1. Buy around this price range (stop 2-3% below this area)
2. Wait and buy when the price breaks the upper part of the price channel.
3. Opportunity to trade inside this price channel (14% max. profit)
NULS is testing this suport (around 1.07) since 12 Sept. and it is testing again now.
If we consider this zone the absolute retracement it makes is a good buy for this time of the year. (also, take notice of the 100% retracement of the last big pivot)
I consider this price movement taking place inside a parallel flat channel, which now has hit the lower part of the channel.
Very low volume on daily: 226k / 24h on Binance
Trading strategy:
1. Buy around this price range (stop 2-3% below this area)
2. Wait and buy when the price breaks the upper part of the price channel.
3. Opportunity to trade inside this price channel (14% max. profit)
Comment:
NULS 25% up, for the trade inside the channel, on short time frame
Trade active:
NULS touched again the lower part of the current parallel channel.
Buy @ this price
Sell target is set at the upper part of channel
Stop around 1usdt.
NULS touched again the lower part of the current parallel channel.
Buy @ this price
Sell target is set at the upper part of channel
Stop around 1usdt.