Long NULSBTC

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Nuls looks likely to outperform bitcoin here with a nice setup on the daily chart

Reasons to buy -

Momentum is heading positive

Finding support at 50 SMA

Above 200 SMA

50% retrace holding as support

Daily uptrend forming

Broke out of resistance and is holding on a retest

Rounding bottom

Clear risk
ノート
Wow this chart seems to have gathered a ton of traction. Didn't expect that within 24 hrs of only my second post! Thank you all.

I think going forward i'm going to make the write up a bit more detailed for those that are looking to learn technical analysis and make my charts a little prettier.

Please do also check out my first post on NanoBTC -

[IMG]
Long on NanoBTC Daily setup
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It is nearly at the first target.

Again, thank you for the interest!
Bitcoin (Cryptocurrency)BTCchartChart PatternsTechnical IndicatorsLONGnulsNULSBTCtechnicaltrendTrend Analysis

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