Shwayze

Nucypher - NU - potential cup & handle

Long
Shwayze Updated   
COINBASE:NUUSD   None
Bullish setup since inception for NU

First, highs remain around same area, and lows are getting higher and higher, as we progress forward, so we would have an ascending triangle formation if we cared to draw.


NU finally climbing to previous highs, which could be around $0.28, $0.35 - $0.42 - any one of these points may trigger a handle formation.
at which point we SHOULD see a short reversal - you can target this with FIB retrace, and plan for roughly 50% if it does go this way.

And prepare for rocketships, to the 2.168 lol
Comment:
I believe we should see one more wave upwards - we should hit from 0.36 to 0.40 before turning around (this could be off by a few cents). If this happens, the retrace should be equal to a 50% retrace using a fibonacci retrace tool, which I will draw later if this does come true.
Comment:
Should Bounce from here


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