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NULSBTC trade ideas

The $NULS BTC train is departing soon 200% gain 1:12 RRHey guys, This is an update to my previous idea on NULS. Please see related idea below. It is not too late for entry into NULS. You can market buy below 52000 or set your buy for 50K or lowest 49500. Entry: 0.00052000 - 0.00049500 Stop: 0.00043500 Target: 0.00160, exit half at 0.00105 and wait for my update for re-entry. Please don’t forget to like or comment as it always helps to get feedback from you. As always, good luck and stay safe! Kinashi-San *The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*
Long
by Kinashi_San
9
Nuls (NULS/BTC) in a falling wedge After a breakout from the prior triangle, Nuls surged in price. After an impulse wave, the price has been in a falling wedge pattern correcting in a what is likely going to be a WXYXZ complex correction. We can currently see the breakout of the unconfirmed support to the wedge support line which would be a completion of the Y wave. I am expecting the price to bounce back to the resistance line which would be a wave X and then another drop to the 0.5 Fibonacci retracement level of the prior range. This would all be in my mind an A wave from a likely ABCDE correction in a larger triangle pattern, as this happened in the past.
by FX_Academy
$NULSBTC - hunting for 200% gain at 1:18 risk/rewardGood day traders and welcome to this idea on NULS As you can clearly see, NULS is a beast. It’s trading above January high. Not very many pairs are trading above January high… I can only think of EOSBTC and ZRXBTC off the bat. So no doubt, NULS is going places. Looking at the daily, we see that after testing the March highs, NULS has accelerated quite quickly towards our wave iii target of roughly 83K. Within this wave iii, we can see that likely, we are done with wave (3) of iii and are working on our wave (4) as our wave (3) have hit an important fib expansion level and now it’s starting to correct: Looking closer in the 1hr chart, based on our RSI trend, we can assume that we’ll start to see lower price action as the RSI work towards the lower region to reset itself for a push towards the fifth wave. With that said, I expect this 4th wave correction to be an ABC zig zag with the C leg ending somewhere between 50500 and 46500 since we do have support from the high on 4/29. This is also a confluence with the .382 retracement of wave (3), which is a rather standard retracement for third waves: With that said, we could start buying from 50500 down to 46500 with a stop just below that at 45K since if we do see those prices, we could get back to 40K to test our March highs again. Entry 50500 or at 10D EMA Stop 45000 Target 152K, start taking profits from 130K and up Risk / reward ratio: 1:18 I don’t normally set my buys above the .382 retracement but in this idea, it is a case of FOMO since I know that there is definitely steam behind this push. I also see that the 10D EMA is approaching quickly and it doesn't seem like NULS like the 10D EMA very much. It is staying away from the 10D EMA like the plague. So as long as we're trading above the 10D EMA, we're golden. However, let’s say we miss this trade, fear not since likely we’ll see a corrective wave iv that should come back down to this level to prepare us for the push to the fifth wave to complete (iii) which should end some where between 150K to 160K, a relatively conservative estimate based on our wave (i) and (ii). Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe! Kinashi San *For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
Long
by Kinashi_San
42
Nuls5/17: Nuls on the way down, but did not break the resistance line i drew at 42900 sat for the 4hour candle. I still think it's going to bounce off of this resistance, espcially if they deliver on the mainnet release by the end of the month. 5/16: Firs charting of nuls. Blue lines are some of the resistance points. Nuls seems like its hard to chart because there weren't any consistent trends. Even the resistance points were only touched a couple times. However, it looks like there's a strong resistance point at 50k satoshis. Once it hit there, there was a huge spike in trading volume. My initial hypothesis is that it will continue to drop back to that level and test it, before eventually going back up
by binarybasedgod
NULS broke sats ATH and is not even close to done yet We're currently finding resistance at the all time high level of sats which is more than expected. Don't worry friends, there is a lot more left to go as we're just getting started. Wave 3 of the NULS supercycle should end around 77-81k sats so I would look for that around the end of the month Honestly I would prefer a healthy retrace down to the 51k or 46k levels but with the main net coming up soon that may be off the table. Have to wait and see
Long
by stir224
5