Nucypher has had several explosive breakouts and we could be on the verge of another breakout. We are in a 5 wave bearish trend at the moment and we're on the 5th and final wave.
We can mark out a descending trendline and wait for the breakout.
Trade idea: - Watch for the breakout of the descending trendline and enter - Alternatively, watch for bullish momentum at the double bottom region - Stops below the lowest point once bullish price action appears - Targets: taper off position as price moves higher and higher