Hello Traders,
I thought I have posted this already, but I have not. Nucypher is probably the most bullish trade I have seen in awhile. The fundamental numbers behind it make sense why this asset will pump a lot as well. It is lagging behind everything else on Coinbase.
However, regarding the TA, we have NU breaking over the downtrend line. It then continued making consistent higher lows over a long period of time. Followed by a clear break of resistance at .26c. It also retested that resistance with a nice curvature in price; indicating buyers are accumulating. We also see the uptrend line never being broken after the downtrend line was destroyed.
THE TA FOR THIS IS CLASSIC AND RESPECTED.
Let me know your thoughts.
I thought I have posted this already, but I have not. Nucypher is probably the most bullish trade I have seen in awhile. The fundamental numbers behind it make sense why this asset will pump a lot as well. It is lagging behind everything else on Coinbase.
However, regarding the TA, we have NU breaking over the downtrend line. It then continued making consistent higher lows over a long period of time. Followed by a clear break of resistance at .26c. It also retested that resistance with a nice curvature in price; indicating buyers are accumulating. We also see the uptrend line never being broken after the downtrend line was destroyed.
THE TA FOR THIS IS CLASSIC AND RESPECTED.
Let me know your thoughts.
Comment:
Profitable trade. Took out all profits. Left original order size to run. I believe this will get to $1 some time in the future. Expecting a correction back to the low 40c area before rebuilding more position.