We have something very interesting here... This is the weekly (W) timeframe for Nuls (NULSBTC)... Follow me.
First, I've marked here the long-term potential and targets for this altcoin pair. These are the grey and orange dotted lines on the chart. These are long-term targets.
The potential profits are set at 800%+ to ATH and up to 1160% to a new ATH based on Fib. proportions.
Now, the interesting development on this chart is the massive bullishness we've seen these past few months.
We have 8 consecutive green candles, 9 if you count this week which closes today.
This has never happened before and signals that a new cycle is upon us. The way the market is behaving is completely new.
Seeing prices close above EMA50 also confirms the long-term bullish potential and the coming change of trend.
When prices drop we will likely see a test of this level and then growth long-term.
@exactingDinosa75008, do you not know how to read? He said "When prices drop we will likely see a test of this level and then growth long-term." Referring to the EMA50