$NIL just printed +20.92% on the week and beat bitcoin by 20.5 points doing it.
the 30-day says it louder: +86.68%, and 62.5 points ahead of BTC over that stretch. this is a coin that's been climbing for a month straight.
the tape agrees. price is pinned to the top of its band with %B at 1.00, daily RSI at 64 which is strong without being stretched, and the MACD histogram is positive. buyers are the ones driving right now.
here's where i get nervous though. volume over the last 5 days is 0.85x the 20 days before it, and 24h volume on Binance is only $12M. the price is going up on less fuel than it used to have, and the setup score landed at 7 out of 14, dead middle. real trend, not a sure thing.
$NIL trades at $0.0537 as i write this, 24h high $0.06416, 24h low $0.04725. if it holds $0.04725, i think it grinds back toward that $0.06416 high over the next week. if it loses $0.04725, i'm wrong on this and there's nothing to defend, that's 11.8% under spot and everyone who chased this rip is underwater.
holding $0.04725 or losing it?
the 30-day says it louder: +86.68%, and 62.5 points ahead of BTC over that stretch. this is a coin that's been climbing for a month straight.
the tape agrees. price is pinned to the top of its band with %B at 1.00, daily RSI at 64 which is strong without being stretched, and the MACD histogram is positive. buyers are the ones driving right now.
here's where i get nervous though. volume over the last 5 days is 0.85x the 20 days before it, and 24h volume on Binance is only $12M. the price is going up on less fuel than it used to have, and the setup score landed at 7 out of 14, dead middle. real trend, not a sure thing.
$NIL trades at $0.0537 as i write this, 24h high $0.06416, 24h low $0.04725. if it holds $0.04725, i think it grinds back toward that $0.06416 high over the next week. if it loses $0.04725, i'm wrong on this and there's nothing to defend, that's 11.8% under spot and everyone who chased this rip is underwater.
holding $0.04725 or losing it?