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May 15, 2021 8:25 PM

Nu/USD (NuCypher) Short

Description

This is not an a financial advice. This is just an idea. I thought it would be good to share it with you so you can see the coin at strong support point. Is it gonna break it and go down? Or it is already oversold and it is time to buy the dip? I honestly think the coin price is under-valued and should start the new weekly candle up toward around $0.60 as the first target. I believe the coin should be easily above $0.90. Anyhow, the support and the resistance levels as indicated in the chart. Good luck Everyone!
Comments
cdubbya
Confused, the idea is labeled short. I’m with you though, NU has been consolidating for a long time and will spring sooner or later!
YourCookie
it is cool to mention also that the MACD crossed on the daily. So, there are some positive indicators that might affect the coin to start moving upwards.
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