Nillion To Meet Final Resistance To Reach 273% —Trading BasicsNillion hit bottom 13-June but the bottom is only confirmed today with the current bullish breakout.
As the action turns bullish Nillion will grow to face its "final resistance" around $0.55. The good news is that this resistance level will break followed by additional growth.
Within the next 2 months, we have an easy target of 195% profits potential, followed by 273%. These are easy, and this means that NILUSDT will produce even more growth in the ensuing months. We will see an uptrend develop leading to a price discovery phase.
How far up this pair goes is a question mark because it is new, but total growth potential for this bullish cycle is huge. The fact that it is moving early is also good news.
Trading cryptocurrencies can be complex or it can be simplified, I like the simplified version; turn it into a waiting game, truly.
With a chart setup like this one, buy and hold, the market takes care of the rest. That's the waiting game but that's not all... You are waiting but once prices start to grow, you can enjoy the profits as they come. The next step will be to sell to secure a win. You only sell when prices are high, big green. Never sell when prices are low/red. Sell high. Buy low, sell high. Prices are low now.
Thank you for reading.
Namaste.
Nillion
Nillion: Huge Long-Term Potential For GrowthThis one caught my attention and the project seems to be a good one, the concept behind it.
The chart here is very young so I am using a short-term timeframe, 4H.
(I will do a more thorough analysis once more data is available.)
The classic Adam & Eve (A&E) bottom formation is present on the chart.
The action recovered above the 6-April low but it is still early for this pair, which can be good, a good opportunity for buyers. Buyers beyond.
There is still no high volume candles/session but growth has been happening for 10 days. This isn't much but lower prices are better than higher prices. Again, for buyers.
This can turn out into a good project. I see bullish potential for this pair in the weeks ahead, and months.
There is room for growth.
100% bullish above support —blue lines on the chart.
In general, NILUSDT (Nillion) continues bullish as long as it trades weekly and monthly above the All-Time Low. Easy buy and hold.
Decentralizing privacy related data? Sounds great!
Namaste.
NILUSDT Hourly Technical AnalysisNILUSDT Hourly Technical Analysis
Nillion Coin is experiencing selling pressure below the 21-day moving average in the 1-hour technical analysis. Currently, it is trying to recover after forming support at 0.5441. The decline in Bitcoin has also affected Nillion Coin. Indicators are partially positive and moving in a neutral position. For NILUSDT to recover, it needs to break above the 21-day moving average and surpass resistance levels.
NOT INVESTMENT ADVICE.
The information, comments, and recommendations provided here do not constitute investment advice. Investment advisory services are offered within the framework of an investment advisory agreement signed between investors and brokerage firms, portfolio management companies, or non-deposit banks. The opinions expressed on this page are solely personal views. These views may not be suitable for your financial situation, risk tolerance, or return preferences. Therefore, no investment decisions should be made based on the information and statements provided on this page.
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NILUSDT 15 Minute Technical AnalysisNILUSDT 15 Minute Technical Analysis
Nillion Coin's 15 minute chart on Binance is currently showing a sideways movement. It is above the 0.67 support level and moving at the same level as the 21-day moving average line. We believe Nillion Coin has the potential to rise to higher price levels. There is a possibility of retesting the 0.8083 resistance level. Since hourly and daily technical data are not available at the moment, we are sharing the analysis based on 15 minute data.
NOT INVESTMENT ADVICE.
The information, comments, and recommendations provided here do not constitute investment advice. Investment advisory services are offered within the framework of an investment advisory agreement signed between investors and brokerage firms, portfolio management companies, or non-deposit banks. The opinions expressed on this page are solely personal views. These views may not be suitable for your financial situation, risk tolerance, or return preferences. Therefore, no investment decisions should be made based on the information and statements provided on this page.
To stay updated on our analyses, whether positive or risky based on technical indicators, we would appreciate it if you follow and like us.