As per my previous update, $NMR has broken out and it is now a matter of time before we start seeing triple digit prices. While traditional cup & handle scenarios lead us to calculate price targets by adding up the resistance line and the difference between the resistance line and the bottom of the cup, I am sure such methods lead us to very conservative targets...
NMR has conquered the 52$ zone and is heading to 65$, if it could conquer this zone, it will move up to 80$ or 90$
-Buy: 51-53$. SL B
-Sell: 64-66$. SL A
-Sell: 78-82$. SL A
-Sell: 90-94$. SL A
-Sell: 51-53$ if B. SL A
-Buy: 44-46$. SL B
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
This year I have seen so many cryptos blow up. And it's really hard to figure out when to sell. The reality is that I'll never get it completely right, but I do take 50% off the table once I see an opportunity to do so. I then scout the market for cryptos that have not yet seen those amazing returns. Once I see altcoins that have consolidated and are gradually...
We are looking at the 1 day graph of numeraire.
As we can see, a cup and handle pattern has formed. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. We could see a spike up in the next coming days.
Numerai (company) and the Numeraire token are unique in terms...
NMR is having a strong resistance at $30 zone, as long as NMR conquers this area, it can rise strongly to 35$, 45$ and even 65$ by the end of this January.
If the next time, NMR approaches $30 zone and is rejected, it will fall to $20 zone
-Buy: 28.5-30$ if A. SL if B
-Sell: 34-36$. SL if A
-Sell: 44-46$. SL if A
-Sell: 65-68$. SL if...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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NRM got a retrace after some distribution. Since I had a little bag since 2017 and know the project, I was astonished when I seen recent progress so I'm happy to buy more for mid term.
This post does not provide financial advice. It is for educational purposes only!