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Birdseye88
Apr 5, 2021 11:35 AM

$NMR broke out. Long

Description

As per my previous update, NMR has broken out and it is now a matter of time before we start seeing triple digit prices. While traditional cup & handle scenarios lead us to calculate price targets by adding up the resistance line and the difference between the resistance line and the bottom of the cup, I am sure such methods lead us to very conservative targets in cryptos. I actually focus on logarithmic scales and would expect that this breakout should lead to a price target of mid-triple digits. Needless to mention that price action is always subject to change hence we keep an eye on the HTF indicators.
Comments
Hansdolo83
great post. what is HTF?
Birdseye88
@Hansdolo83, High Time Frame, basically Monthly, Weekly and in case of crypto even Daily.
mushroommilitia01
nmr will be the diamond in the rough. I'm loaded up 4 million cap this thing will fly
hayb95
Agreed. I have been in since $47 and have been waiting for this breakout. With a supply like 4 million, triple digit prices will roll quick
Birdseye88
@hayb95, What I like is that it's almopstg on no one's radar. Pretty low market cap, but it will go really fast from here.
UnknownUnicorn14157057
@JoeyKeasberry been eying it since it dipped to 30S , its def looking hot 🔥
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