The price action of Nuls / US Dollar is forming bullish Crab pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2266 to 0.1584
Sell between: 0.2795 to 0.4071
Enjoy your profits...
Priceline of Nuls / Tether US cryptocurrency has formed a bullish shark pattern and entered in potential reversal zone.
Price action has hit the support lower band of bollinger bands 1st time ever.
Stochastic has given bull cross.
MACD is turning bullish.
I have defined targets using Fibonacci sequence:
Buy between: 0.4299 to 0.2650
Sell between: 0.6106 to...
Nuls looks very bullish. After impulse formed triangle. I'm sure we will break up resistance line and go to the 50-61% level fibonacci
MA's is crossing
Beta Public Chain Factory until 30 sept
Nuls is another getting close to decision time.
Price bounced nicely off the .618 fib and is now getting pushed into a wedge where price has to decide if it wants to go up or down.
MACD is and momentum is looking pretty good for a breakout, I will be keeping an eye on it and will only enter once it breaks out.
If it breaks to the downside I will be picking it...
Trade Duration: Short
NULS is a global blockchain open-source project which is a highly customisable modular blockchain infrastructure; it consists of a microkernel and functional modules. NULS provides smart contract, multi-chain mechanism, and cross-chain consensus. It aims to break the technical...
Declining wedges have a 92% chance of a upward breakout with about a 8-11% chance of failure
* 5 reversal Points in wedge
* RSI Divergence: price is declining but RSI is climbing
* Volume: 75% declining wedges decline in volume during formation. Post performance improves with increasing volume. BINANCE:NULSUSDT
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...