NCASH/BTC 1D Thoughts and price analysis (35%PP)
I have recently caught interest in Nucleus Vision and after doing some research I found this project to be severely undervalued due to its real life use in bringing forth unique solutions within the massive retail industry. This coin has been on a downtrend since April 2018 and has lost money and confidence of many investors. I believe this is mainly due to the lack of communication from the developers and CEO to stakeholders. When things are quiet and the price keeps bleeding its easy to assume that this is another scamcoin. In my opinion it's far from true, and this project actually looks really promising in the long term. With that said, I think the price has hit the absolute bottom, so things will only get better from here on.
On the TA side of things:
1D Chart
- RSI is picking up but technically still oversold
- MACD showing signs of reversal
- Volume picking up
Look for a bounce at 30 sat down to 24/25.
This would be a good entry point.
1st target - 31
2nd target - 36
SL - 21
I'll be keeping tabs on this coin. It'll be interesting to see how it all plays out in the future.
On the TA side of things:
1D Chart
- RSI is picking up but technically still oversold
- MACD showing signs of reversal
- Volume picking up
Look for a bounce at 30 sat down to 24/25.
This would be a good entry point.
1st target - 31
2nd target - 36
SL - 21
I'll be keeping tabs on this coin. It'll be interesting to see how it all plays out in the future.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.