Long

NULS coin formed bullish Shark pattern for upto 22.5% move

53
Hi dear patrons, hope you are well and welcome to the new update on NULS coin

Previously we had a very good trade by NULS as below:
NULS coin formed bullish Cypher for upto 16.5% move


Now on the 12-hour time frame chart, the price action of the NULS coin has completed the bullish Shark pattern.
snapshot


Buying and sell targets for Shark move:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Buy between: $0.8251 to $0.7662

Sell between: $0.8506 to $0.9399

Stop loss:
The maximum extent of potential reversal zone to $0.7662 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 22.5%,%, and the high loss possibility upto 7.5%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.