Looking at the weekly chart for Nuls (NULSBTC), we can see that a strong and long term descending channel has been broken.
There is a bullish crossover on the MACD and the RSI coming out of oversold.
The daily chart:
- Is showing big volume on the last candle and a strong break above EMA50. - All these are strong signals. - Green marks strong support/demand zone. - Below the green zone is our stop loss. A candle close below this zone points to bearish action. - Above the green zone, were NULSBTC remains now, leans towards bullish...
We have an open trade for Nuls and waiting patiently to start collecting profits.
Thanks a lot for reading.
Namaste.
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We are already moving and we hit our first and second targets.
That's a massive 26% profits in just 7 hours. (Additional long term targets available on the main chart above).