Updated
NULS-USDT
3H Chart:
NULS is testing this suport (around 1.07) since 12 Sept. and it is testing again now.
If we consider this zone the absolute retracement it makes is a good buy for this time of the year. (also, take notice of the 100% retracement of the last big pivot)
I consider this price movement taking place inside a parallel flat channel, which now has hit the lower part of the channel.
Very low volume on daily: 226k / 24h on Binance
Trading strategy:
1. Buy around this price range (stop 2-3% below this area)
2. Wait and buy when the price breaks the upper part of the price channel.
3. Opportunity to trade inside this price channel (14% max. profit)
NULS is testing this suport (around 1.07) since 12 Sept. and it is testing again now.
If we consider this zone the absolute retracement it makes is a good buy for this time of the year. (also, take notice of the 100% retracement of the last big pivot)
I consider this price movement taking place inside a parallel flat channel, which now has hit the lower part of the channel.
Very low volume on daily: 226k / 24h on Binance
Trading strategy:
1. Buy around this price range (stop 2-3% below this area)
2. Wait and buy when the price breaks the upper part of the price channel.
3. Opportunity to trade inside this price channel (14% max. profit)
Note
NULS 25% up, for the trade inside the channel, on short time frameTrade active
NULS touched again the lower part of the current parallel channel.
Buy @ this price
Sell target is set at the upper part of channel
Stop around 1usdt.
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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.
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.