Options360

Numeraire is at an ultimate support zone

Long
COINBASE:NMRUSD   Numeraire
Numeraire is at an ultimate support zone. Trading in between its Fibonacci SMA610 and Fibonacci SMA987. If you're a crypto HODLR this is a level to add some dca . Here's levels on the 1-day chart:

52 week high = $96
52 week low = $19
7 day high = $36
7 day low = $26

SMA377 = $42
SMA610 = $37
SMA987 = $27

breakout = $37
R3 = $35
R2 = $33
R1 = $31
pivot = $29
S1 = $27
S2 = $25
S3 = $23
breakdown = $21

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.