Long

Long Namecoin. Explosion beginning? New trendlines.

Updated
New trends lines are pointing to the move for Name coin to begin its move to $12+

I see $3-5 in the short term, then consolidating, before making another move. This next move will attract a lot of investors attention.

If you buy under $3-5 you would still be quite early to the party in my opinion.

I don't know when this move will begin, but I am confident based on other charts from coingecko, this is putting in a nice W pattern.



Whats interesting about the chart below is the W formation forming in may/june but based on a lot of individual closes, which is more natural than few closes to make the shape. This to me mean a very bullish move and strong move IS coming and its worth piling in...

On top of all the frenzy like trading activity that has caused the price to bubble since January. Something big is coming for this coin. I don't know when specifically, but soon and when this coin moves, its going to be big and fast and you won't be able to react. You just need to get in and be patient.

http://imgur.com/a/92c0k



Note
its been 33minutes an my first target of $3 has been hit. $3.40 actually on btc-e.

Im going to go ahead and speculate that this is the move I have been waiting for, just beginning. This move was as fast as I said it would be.

The price on poloniex is rising nicely. Does is waste no time and go for $5,6,7,8,9,10,11,12,.... before stabilizing at much higher levels and it has a nice 200-500% day... we will see.

I'm holding until $12 dollars
NMC

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