NULS to the moon! Strongest Alt coins during Bitcoin correction
Hello traders,
Nuls is one of the alt coins that stayed positive while Bitcoin was correcting last few days, and I feel like the bull momentum has not disappeared yet!
After an explosive rally from April to May (100% profit), it is very common to have 50% retracement. I expected Nuls to retrace at least 38.2% Fibonacci or even double top formation last few days, but the fact that NULs has not retraced to that level is telling me that there will be another explosive run in next few days.
Looking at the daily chart, NULS is forming this gigantic bull flag, and if and only if NULS manages to breakout from this bull flag, there will be an insane rally.
The bull flag target is 140855 Satoshi, but I will take partial profit just right before 100K satoshi, as I expect 50% retracement from that point and find support at 57K Satoshi. Stoch RSI and RSI does not look healthy at the moment, but the fact that RSI is at the oversold region does not mean that we are not going to have bull ran.
Please wait until breakout confirmation before entering NULS market.
Happy Trading!
FYI: Nuls will be releasing wallet as well as mainnet at the end of this month.
Nuls is one of the alt coins that stayed positive while Bitcoin was correcting last few days, and I feel like the bull momentum has not disappeared yet!
After an explosive rally from April to May (100% profit), it is very common to have 50% retracement. I expected Nuls to retrace at least 38.2% Fibonacci or even double top formation last few days, but the fact that NULs has not retraced to that level is telling me that there will be another explosive run in next few days.
Looking at the daily chart, NULS is forming this gigantic bull flag, and if and only if NULS manages to breakout from this bull flag, there will be an insane rally.
The bull flag target is 140855 Satoshi, but I will take partial profit just right before 100K satoshi, as I expect 50% retracement from that point and find support at 57K Satoshi. Stoch RSI and RSI does not look healthy at the moment, but the fact that RSI is at the oversold region does not mean that we are not going to have bull ran.
Please wait until breakout confirmation before entering NULS market.
Happy Trading!
FYI: Nuls will be releasing wallet as well as mainnet at the end of this month.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.