I've been looking at Nuls (NULSBTC) for a while now as I remember this one doing very strong moves in the past, it can be highly profitable when it gets going.
Let's start by looking at it closer, we have a short-term downtrend that is starting to break:
Notice how NULSBTC is now above EMA10 and challenging EMA50 (magenta line).
Above EMA50 (0.00000933) this pair can grow strong. These are early signals but still, POTENTIAL is the word.
Zooming out and looking at this longer-term we can see a higher low compared to early this year, January 2021.
We can see even lower prices if there isn't enough momentum to break up (red arrow), or finally this is the moment when prices grow (green).
The correction has gone below the 0.786 Fib. retracement level, we are due for some growth.
I am showing this for your own learning and entertainment.
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