#NMRBTC Numerai consolidating for another next move higher

BITTREX:NMRBTC   Numeraire / Bitcoin
showing bullish price action on declining volume , evidence of healthy consolidation for a move higher. Compare the two consolidation phases' volume/price profiles, which supports the anticipated direction. R/R decent near 3:1 if you need to use hard stops. NMR has been hanging around $5 for a while now, so a doubling to close to $10 would be the near-term swing high if there's follow through past resistance shown. Holding a core position but would look to take some profits at the levels shown, since NMR typically goes through longer depreciation cycles.
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