───────── why LONG ─────────
On the surface it seems that NCASH is creating a megaphone pattern which is a very bullish sign.
MACD on the 1h chart may indicate a new wave of buying.
Its seems that the company is doing something behind the scenes.
I would assume that first target would be 380 and if it will continue the megaphone pattern and break the 380 level...
-Nucleus Vision is now trading back at 200D MA
-The previous resistance zone may turn into new support
-What we want to see another retest for a potential double bottom
-And enter a Buy position once the trendline resistance broke to the upside
-This will give us a strong bias that the market will start to reverse up again
-Confirming the 177...
-Nucleus Vision has pullback by -35% from the recent top
-It is currently approaching a key area of support
-Also, it is forming like a falling triangle pattern
-You can enter the break of local resistance at 263
-If the price will continue to decline in the coming days
-The next level of support to be watching is 223 range
Another cup handle formation in progress. Looks like it is reversing from it's bottom.
If the cup holds, it can go 1800% to the upside, up to 8400 sats in about over a year. This could test patience but the rewards would be great.
Setup invalidated if:
- Cup handle formation broken (due to BTC's crazy moves)
- Any FA wrecks this project
So, KST indicator has reversal on daily chart + we are over Ichimoki Cloud, which is a big plus. Also, new day started with a gap from previous one, which adds more reasons to high increase.
I put resistance levels as red horizontal lines, if we break from wedge, then I see pump till 255. Good luck !
Stop loss 147.
-holding the top channel of the box
-maintaining the 100ma&200ma dynamic support
-new potential immediate support at 121
-if the price break and close above 129
-it will highly signal a trend change
-buy order is ideal and target the recent top
-stoploss is placed under 120
-the bullish reaction at lower support box
-50ma and 100ma acting as dynamic support
-we can see a clear consolidation channel
-trade setup if the price breaks the box upside
-the candle closed with good volume
-a potential target is up to 250s
-key stoploss is below the channel box
-market sentiment is bullish to potential reversal
NCASH is in super bad situation but we will give it the last chance.
We can buy some NCASH at here on Huobi and wait to sell around 300sts
If it drops below 2.3sts, I think we will see it at 1.4sts and we will say bye to it!
-a bullish breakout above channel resistance
-broke above 50ma and 100ma
-breakout is backed by volume
-new higher high on the 4H chart
-upside potential is up to 255s
-stoploss is placed under 50ma
Previously I have posted chart where the price action of NCASH formed bullish Butterfly. And at that time the price action was moving above the potential reversal zone of this harmonic pattern. And at that time I was expecting soon it will enter in PRZ level to give us buying signal. And eventually it entered in potential reversal zone and moved up for more than...
NCASH is still painting a bullish divergence on the daily RSI level and still respecting the descending trend-line support.
If this is the potential bottom, we could expect a breakout target up to 50% profit and have our stop-loss below the previous low at 239 level.
Let's start by looking at the long-term chart for NCASHBTC (Nucleus Vision).
A new low hit just recently, marked with blue on this chart.
5 consecutive weeks going green with prices trying to move above EMA10 for the first time since December 2019.
If we zoom out, we can get more targets and the total potential profits...