NuCypher - Explosive Breakouts! ⚡️

1351
Nucypher has had several explosive breakouts and we could be on the verge of another breakout. We are in a 5 wave bearish trend at the moment and we're on the 5th and final wave.

We can mark out a descending trendline and wait for the breakout.

Trade idea:
- Watch for the breakout of the descending trendline and enter
- Alternatively, watch for bullish momentum at the double bottom region
- Stops below the lowest point once bullish price action appears
- Targets: taper off position as price moves higher and higher

Goodluck!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.