If you took a position at the swing high you'd be 340% up 4 months later. Good moment to take some profits until probable support around $5.50, will see what is likely as we approach.
Of course with the USD chart influenced by Bitcoin's performance. However, NMRBTC chart is similar, currently at the typical retracement for a handle (~50% of the height of the cup):
Scored High,,
1. Zoi -Zoin #297
2. Xto -Tao # 271
3. Nmr -Numeraire #238
All Low Alts, with High Volatility, Look for second pump alerts, High Gain, Manage Risk.
Retrace is likely considering the recent volume trend and accumulation.
Pink boxes are targets 1,2,3. They may even be low. Moon is much higher than target 3. Looks very similar to many coins that saw immense buying pressure.
24hr period looks bullish.
21 day period looks bullish.
NMR massive move to the upside last week. Has been coiling ever since in a falling wedge on low volume. MACD wants to cross up, a bullish signal, and we are seeing volume come back in as NMR tries to break out of the wedge pattern. Target: retest of $35, then maybe highs at $50
the neverending falling wedge might be finally over as it started to swing above the resistance. we might see an upward movement like the green channel.
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