💎Technical Analysis Summary💎
-Nebulas retested key support twice and now consolidating above it
-There is a pause on the selling pressure and this is a good sign in the short term
-But the main battle is not yet over until the trendline resistance is broken upward
-I recommend to be cautious and wait for the proper breakout...
* Retraced all the way down to previous support. It may be a double bottom. StochRSI bullish cross.
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Here we have the next short-term target for Nebulas (NASBTC).
This pair is now gaining momentum while moving above EMA200 and EMA300.
We saw a shakeout take place recently and now we have strong indicators while bullish momentum builds up.
The next target is marked on the chart for an easy 40% jump.
This is not financial advice.
Could be ready for a quick trade over the next 24/48hs
Crossed over ~4800 sats & hodling it w/ UCTS Buy signals across multiple LTFs..
If manage to keep pushing up from here (Volume), ~5600sats as 1st target (15%)
NAS/BTC It has the potential to grow in the short term
In the chart
Target: Under 600
ADX above 25 means that the market is trending positively
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Today NASBTC showed bullish signs by pumping from 448 area. It was obvious that it will start to move up, as it couldn't fall lower than 440 price for many days, as I showed it in the graph with the box, you can see there many wicks. After today's mini pump NASBTC has to slowly gain price towards 530+ area, from where it will be more clear if it's going to...
-Nebulas just pump over 40% yesterday
-Today, the price already retraced -21%
-If the pullback will continue further
-The area needs to be watching is around 415 range
-This is a confluence of previous resistance
-Which has the chance to flip into new support
-The volume has been increasing rapidly since March 2020
-This is a strong indication of...
On July 27, NAS had a big dump in the 200sts and then quickly returned to 370-400sts. This is not really a good buying force, but we can also take risk with low risk.
We could buy in the 370-400sts zone as it is highly likely to return to the 500sts zone in the next few days.
It is also entirely possible that the NAS will spike to the following regions: 800sts and 1050sts