B33tcoin

Reversal waiting for ignition?

BTCE:NMCBTC   None
We have two 11 months views.

* At your left, a chartist analyze with:

- 2 crosses between moving average. One is a kiss of death (bye bye) and one, lately, might be bullish.
- Remarkable result where price landed over both moving average.
- An ascending triangle which gives good odds to break upward.
- A strong resistance under 0.0031
- Volume rising a bit.


* At your right I've put an ichimoku setup to weight the possible reversal we are witnessing.


To sum it up: if NMC finally achieve to go over 0.0031, it could be a great kick for a *new* trend.



Knowing this, if you care to buy NMC, please remember: this altcoin (and it's applicable to every others altcoins) are very risky investment.
I recommand to buy NMC on www.BTC-e.com


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