Price of NUUSD now located at local bottom, developing cup and handle pattern. Might have very nice bump in price up to $0.3-0.35 zone.
Buy zone spotted in 0.22-0.20 area, with stop loss below it.
Best regards
Artem Shevelev
Altcoin season could have started already with many coins having made mesmerizing gains of 10/30x already.. with more in petto !
I can't almost believe the different set-ups, but similar timing...
Hello Traders,
NU has gained some very good momentum at the moment.
We are about to hit a resistance area for the third time over the last 30-days. We've been harshly rejected each time.
You can refer to the chart above for the red resistance box above the price for where this area is. I do believe that upon breaking this heavy resistance, we should finish out...
I made some good money when this was released on Coinbase and have been watching the correction since. I believe it is complete and ready to start wave 3 of the primary wave 3 and we could see a rally to 0.38-0.40 area (TP1). That is 100%+ gains. I have been patient and have now deployed some cash to watch it go. SL 0.155.
There is Fib Extension Convergence at...
Repeatable pattern here, but could break to the downside. Going to place a buy here and then a stop loss. Small lose is worth the potential upside in my opinion.
Watching this wedge the next few days. Back to consolidating at prior support. Would ultimately like to see us break .24 and .27 to a retest of .35. With Alts going up Nu may benefit from the pressure.
USD went weaker yesterday with stimulus talks.
We have a S/R flip on 61.8% Fib level.
Bullish structure on H4 and H1.
Entry taken after formation of H1 bullish pinbar off the S/R flip.
This my view, not an financial advice. I think the 2 orange lines are very important for the further development of this coin. A break out on the top orange line could mean breaking the .25 and .29.
A break out at the bottom of the orange line could bring us back to .016.
Let's see what's going to happen!
Structure has flipped to bearish on multiple timeframes.
Rejection off 61.8% Fib level.
50MA rejection.
Confluence with 50MA and 61.8%
Entry triggered by the close of a bearish M30 close after a doji.
Considering all the hype and existing room to grow at least 3X to 10X based on current market cap of $90M, still seeing a lot of buy signals and opportunity for NU.
