NULS/BTC 4H Chart - Bullish Entry

Fact 1: NULS is a project with strong fundamentals which will do just fine on the long-run but it's not lurking not far from historical lows.
Fact 2: We have a 4H trend which was touched 4 times before the price went over it and now it's retesting the level.

28660 is a strong level so we would need a little bit more volume in order to break it.

You can either enter now at 28000 while retesting the trend line ( the trend line was never broken until now and cryptos usually take a second wave before breaking a strong ytrendline) or go for the safer bet and enter once the bulls gather more power and break above 28660 IF the volume will confirm the move.

ความคิดเห็น:

Price went up above the 28660 resistance with a good volume and now it's retesting with a significantly lower volume. This is a good sign.

The area we are interested in is around 34250.

Nuls has good fundamentals, trust the process.

ความคิดเห็น:

Who missed the initial entry has a good opportunity at this level 2920 since we also have the hourly 50 MA to provide support.