#NMRBTC showing signs of increased interest and, inevitably, strength. Numerai has been doing a great job of ignoring high emotional content and focusing on its roots as a cryptocurrency. Their marketing is significantly lower than most other coins with an already established usage case. However, the potential bottoming shown in the chart is simply a reflection of the general discount in price as reflected in the low public exposure of the coin.
Didn't post the chart when I entered my long trades, which I apologize for and may make this analysis seem outdated. However, based on the combination of technicals and fundamentals, I am still long NMRBTC and see this coin as one of the solid allocations in my portfolio, even when swing-trading around it. One of the underappreciated coins in a sea of crap, especially considering the direct usage of the coin in a staking model of algorithmic model performance.
NMR
Numerai Might Outperform Bitcoin by 55%Yesterday Numerai has tested the low, hitting 81k satoshis. At the same time it found the support at 327.2% Fibonacci, applied to the corrective wave up after the uptrend trendline breakout.
The support is at 85.6k satoshis, and althogh price spiked lower, closing price stayed above that level, suggesting the potential bottom. Although it might seem very risky to consider bying NMR/BTC, the risk/reward ration is very attractive.
If the 81k satoshis support holds, price is likely to encrease towards the 38.2% Fibs, that is 140k satoshis. this level previously acted as the support as well as resistance, which once again could play the same role. When/if the resistance would be reached, NMR would gain 55% over the bitcoin, while if the 81k satoshis is broken, this would be only a 11% loss.
Break below 81k satoshis, would certainly invalidate bullish outlook and is likely to result in a downtrend continuation.
NMR Buy Opportunity*Note this coin may be a little risky due to the very small community it currently has*
This coin is coming up from a bottom and we can catch some profits with it. This coin may pull down a little more to bottom of buy-in
range before heading up but longer term we should expect to see profits. We will see what BTC does today, as it can sway the market.
Buy-in:
.0025 - .003
Stop-loss:
.002
Targets:
(1) .003700 (25%)
(2) .004511 (52%)
(3) .005373 (82%)
(4) .006234 (111%)
Remember not all targets are meant always meant to be hit. Set sell limits and take profits when it is right for you.
Sell limits can be crucial with a coin like this that may spike to our target and fall allowing us to take profits or buy more for next target push.
NMR Numeraire - Final consolidation before breakoutWatching this megaphone develop as it intersects with the long downtrend resistance. I think we go back to the trend support one more time before testing the downtrend resistance for the last time. If that breaks, it's clear space up to previous major S/R at ~770K sats, which would give us a nice 2.5X from current price. If we break through that level, it's off to the stratosphere as we retrace all the previous levels.
Numeraire - baby cup and papi cup a massive 0.04 BTC target!NMR a target of 0.04 BTC ?!?! That sounds insane!
And believe me I have my doubts. But these giant cup and handle patterns for alts vs BTC are so prevalent, and so many have worked out historically, that it is hard to ignore.
This will make the 3rd giant C&H pattern that I have posted. The previous two, which are still in progress are:
BTS
GNT
But Numeraire is the biggest and baddest one I have come across so far. If you buy now, and should it reach our target, it would result in a 1000% gain !
Short term target (see the baby cup): 0.0115 BTC
Long term target (see the papi cup): 0.04 BTC
Massive opportunity on NMR, 11x potentialBITTREX:NMRBTC
Hello Friends,
I was looking for coins and got this massive potential guy. Coin price is at the bottom. It is climbing, so Buy and add later. I will update the post with Targets. This is pure technical call on breakout, need to study Fundamentals. If you have any info on fundamentals, please post here or let me know.
More about the coin : numer.ai
Forum : forum.numer.ai
Twitter : twitter.com
ATL : 12000
Buy now : 19000
Targets :
310000
400000
530000
760000 - Book more profits here and leave 5-10% for the next targets and forget for 6 months.
111000
114000
212000
540000
Stop loss :
Below 140000
NMRBTC: Ready for another 100% move?!NMRBTD had a massive move to the upside last week. It's been coiling ever since in a falling wedge on low volume . MACD has crossed up, a bullish signal, and we are seeing volume come back in as NMRBTC tries to break out of the wedge pattern. Target: retest of .0032 and .0040 then breakout to .0080!
NMR: Ready for another move higher?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
RADSSSS100k sat floor
actual use case with smartchains
factom is a similar concept and at 10x RADS marketcap
18% annual returns staking