✳️ Nuls Sideways Consolidation Since July (400%+ Potential)

٢٣ مارس ٢٠٢٣

Now, consolidating since July 2021 or 2022?

If we ignore the strong fakeouts and shakeouts, we can easily say that NULSBTC has been within a consolidation range/pattern since July 2021, that's almost two years and the longer the consolidation phase, the stronger the breakout when it happens.

The bottom was certainly hit May 2022 and this is followed by a quick recovery to range trading and consolidation taking place below EMA100.

✔️ MA200 is trending down and this works as a magnet, as it pushes down prices tend to be pulled up.

The easy target is 125% on the next jump but there can be more, 400% mid-term which would be amazing but normal at the same time because that is just what Cryptocurrency does.

You can find additional details, support and resistance levels, on the chart.

Namaste.