bejaneps

NIMBTC Nimiq, reversal ?

Long
KUCOIN:NIMBTC   Nimiq / Bitcoin
So, we are on the verge of new uptrend for NIMBTC pair. This are 2 scenarios that I'm considering right now:

1. Triple MA and MACD cross on weekly chart will state beginning of huge uptrend
2. No cross on Triple MA and MACD , will lead to further trading corridor or continuation of downtrend.

I'm more bullish right now, as Bitcoin is in correction phase for next 2-3 weeks and we may see altcoins to gain some value.