Key Points / NgU
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In crypto jargon, NgU is short for Number go Up.
NgU Tech
On crypto trading forums, crypto investors will sometimes jokingly talk about some coin or other being the superior NgU tech.
This is an insider joke that plays on the debates about what will be crypto’s killer app and whether superior tech is even important factor.
In this case, NgU tech is a geeky way to say that a particular cryptocurrency grows faster than others.
Best Tools for Buying and holding a superior NgU crypto
- Charting App: TradingView
- Buy-and-hold crypto: Independent Reserve - Aussie exchange with AutoSchedule feature
An indepth look at NgU is here.
More on NgU
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Technical Analysis in Crypto: How to use TA strategically - With links to the selection of best tools and scripts
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Fulcrum Bottom - Fulcrum bottom has been talked about a lot lately thanks to mentions in Peter Brandt's reports. Describing it as 'head & shoulders except at the bottom' is not quite cutting it though.