Nucypher (NU) - 50% Retrace, about to make a moveNU looks primed to jump up over $1. We had a move up to about $0.90, and a 50% Retrace (using fib retrace tool) - and a bounce off that line.
So we have the Fib extension at
$1.08
$1.29,
$1.80
Nucypher
Nu Coin reaching the end of a symmetrical triangle Consolidation period from the last ATH could be about to come to an end for the Nucypher coin.
NU/USD - Buy Opportunity After a Local CorrectionIn just a few days, NuCypher has demonstrated impressive growth as the price of the asset has increased almost threefold. Such growth cannot persist without a short-term correction, which has already begun on the 4H chart. According to its RSI indicator, the coin has begun to move out of the overbought zone. The chart has also managed to roll back to 0.618 Fibonacci level in its last major movements and is currently fluctuating around the 0.5 Fibonacci level.
Given its strong activity from the buyers, NuCypher could hit a new ATH (all-time high) after said correction. It makes sense to gradually buy back the coin at current levels and place several security orders to buy below market price.
The GRID bot from 3Commas is a perfect assistant to this. To activate, ensure your Coinbase Pro account is synced with your 3Commas account and follow these steps:
Head over to the GRID Bot by choosing it from the main menu in your 3Commas account;
Select the USDT Market and the NU/USD pair;
In the GRID Bot tab, go to the Manual strategy settings;
Set the upper limit price to $0.86 and the lower limit price to $0.44
Number of grid lines: 10
Set the quantity per grid parameter according to the amount you wish to spend on each trade;
Click the Create button.
Best of luck, and happy trading!
-The 3Commas Team
NuCypher Potential Triangle Breakout NUUSD After breakout, 0.63 cents would be conservative price target. Retesting ATH very likely.
cheers. ✌️💫🚀
Descending triangleMy short call is strictly based on the descending triangle, nothing else. There are quite a few fundamentals that could hold the line and push the price further. If the descending triangle breaks NU may fall back down for a very short ride to retest the previous ATH, or even lower.
NU: I NU it all along.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.
NU cup is nearly complete and ready to run.What can I say, NU is ready to run very soon. This does not happen every day so have fun everyone!
Nucypher - NU - potential cup & handleBullish setup since inception for NU
First, highs remain around same area, and lows are getting higher and higher, as we progress forward, so we would have an ascending triangle formation if we cared to draw.
NU finally climbing to previous highs, which could be around $0.28, $0.35 - $0.42 - any one of these points may trigger a handle formation.
at which point we SHOULD see a short reversal - you can target this with FIB retrace, and plan for roughly 50% if it does go this way.
And prepare for rocketships, to the 2.168 lol
Bicoin may be steady but Alts are popping! $NuCyperNuCyper is looking pretty solid right now. It seems to be coming off a rounded bottom and forming a flag. Right now there seems to be some resistance around .24/.25 cent range but if it happens to break above this resistance we could very well see price discovery!
NUcypher/ USD - Elliot Wave - Buy the Pullback! Then $.41Hello Traders,
NU has gained some very good momentum at the moment.
We are about to hit a resistance area for the third time over the last 30-days. We've been harshly rejected each time.
You can refer to the chart above for the red resistance box above the price for where this area is. I do believe that upon breaking this heavy resistance, we should finish out the 5th wave of the Elliot wave theory. I buy and sell heavy based on the MFI. Key MFI areas for me are when it ducks below the 35, I buy, when it breaks above the 85, I move my SL very tight and get ready to sell.
This is only one indicator among a couple more that I use to base my trading decisions on, but I rely a lot on this tactic.
You can see below for a chart I posted yesterday about NU.
Good Luck!
NU/USD - Outlook over next few Months - INVERTED CUP AND HANDLE?Hello Traders,
It looks like we may have formed an inverted cup and handle which is usually a sign of a pullback or downtrend.
Based on the overall momentum of the market at this time, I don't believe this will happen, at least not a major pullback as we had a couple of weeks ago.
But, if we do get the confirmation of the trend breaking the bottom line of the handle, it may be wise to hold and wait it out or sell and get back in at a lower price, depending on your trading strategy/ goals.
In all, I am very bullish on this Coin, as well as GRT, SOL, BLZ, SRM, RSR, OCEAN, and SNX. All of these coins have shown some very strong growth, even during the major pullbacks we've gotten over the last couple of weeks. GRT has been going off, the only one that has been holding back has been NUcypher.
I think it has to do a lot with the fact that it's a New Coin and also, it's lack of exposure to other big markets, like Binance and etc. I don't see any reason why the other bigger exchanges won't add it and it can't hurt to stalk up your portfolio with another cheap coin.
Mid/Long-Term Targets: #1: Retest ATH's @ $.40+/-, #2: $.59, #3: $.89, #4 $1.22.
Good Luck!
NUUSD Getting ready for a Bullish Breakout! (1 hour chart)Posted on NuCypher Last night on a 15 minute chart. Looking to finally gain some momentum after some nice conslidation (except for the plunge last week) Recovered very nice and I have a feeling in the coming weeks the teens will be a thing of the past ( for now )
I am not a professional charter in any shape or form, still learning more and more every day! Do not buy this because of what I am posting, strictly my opinion!
Good luck everyone and happy day!
NuCypher Getting Ready for Blast Off
NuCypher has been funneling into this range over the past two months. It's undervalued in the current market.
I'm also seeing signs of bullish divergence in RSI.
I think a pump is imminent and I have my price targets around $.80-$1.25 in the coming months.
Let me know what you think!
NU at critical support If NU fails to hold support I expect to see a drop below .14 cent, Good luck!
Bullish Descending Triangle or Bearish?I am seeing a bullish descending triangle for NU. The support is very strong. Decision time looms and could happen 1/3/21
30 Min Chart - NU/USDWatching this wedge the next few days. Back to consolidating at prior support. Would ultimately like to see us break .24 and .27 to a retest of .35. With Alts going up Nu may benefit from the pressure.
NuCypher FINALLY listed on CoinbaseNU (Nucypher) and ICO I have been actively part of for a while, is finally trading on Coinbase. The coin has gained some momentum today, trading at 100% higher than yesterday. I do believe after the trading goes live on Coinbase (tomorrow), that we should see a decent pump. Remember, the Coinbase pumps are short lived, but its almost a garuntee.
Anyways, I believe in the project - Love cryptography - and it certainly deserves a place on blockchain.
