I've been on NU train back in January when it was only $0.19.. ride it all the way up to $1.14 then down to 0.19 lol it was frustrating but i held up until the pamp of $2.30.. i sold half of my holdings at $1.90.. i think we have one more leg up if the market explodes next year before bear market.. also the KEANU merge with keep was some good news
Here's my updated view on $NU going forward.
For those that followed the last chart on $NU, we were able to exit near the top at $1.46, and accurately predict which of the pivots would be the top of that cycle. Since then, I've been out of the trade waiting to see how price reacted, and now I feel like I have a better sense of where the market is headed.
Over...
What Is NuCypher (NU)?
NuCypher is a decentralized encryption, access control and key management system (KMS), encryption service for public blockchains. NuCypher offers end-to-end encrypted data sharing on public blockchains and decentralized storage solutions.
NuCypher allows users to share private data between a number of participants in public consensus...
Updating my analysis one more time based on price action and my updated view on alts and BTC.
What's hard for me to assess is how high $NU goes. There's essentially two scenarios that I'm weighing right now. For either outcome to take place, $NU needs to get above the $.65 green line for price action to turn bullish. After that, then there are two separate...
$NU could be heading to $1.22 this week, it shows that it's breaking out and it's going to the upper direction. 30% profit easy by the end of this week.
Attempting to break the inflection zone here on NU. This could be one to watch for confirmation, and a backtest, and then use the new support as a stop loss after confirmed. However, it is a bull market, sometimes a tight stop loss can be your worst enemy during volatile moves.
$Nu and $keep have an upcoming protocol merger. The first of its kind actually. The baby they will have will be named tBTC. This thing is going to be a monster. It's still so early for this project. Look into what this monster will be bringing to btc. Seriously, look into this one. Showing some bullish divergence on the 4 hour and a considerable retrace from the...
After a dramatic pump NuCypher has pulled back on price and has been moving sideways cooling off really starting to squeeze between a support of $1.08 and a resistance of $1.18. May be forming a new price floor after its pump. Most of the buying and selling after the pump as occurred at $1.44 which is a point of control (POC). NuCypher seems to be holding well...
As NU continues to be distributed by early buyers we may possibly see it bounce of at the $1 range. Before rally continuation. But before this happens upward pressure must be sustained on the 12hour and daily chart.
looking for a hold of the b leg and a push upward to retest the supply zone , which could result in a bullish cup and handle pattern forming . there is also a desc. triangle breakout set up on the 4hr by the AD
Hello again, So I'm trying to get good at chart reading and planning. This is what I'm expecting from NuCypher here within the next few minutes/hours. Anyone wanna double check my work? Please and Thank you.
Here's what I'm looking at for the short term with NU, maybe finishing out the month under $0.40. I have heard a lot of ideas about BTC just moving sideways for a while which makes sense and I think this one will really follow the moves of BTC until it breaks out of the descending wedge, then fib levels to break as shown. Realistically I can't see it getting up to...
