NMR/USDT +520 Potential with this breakout. You know why!#NMR/USDT Analysis
Description
---------------------------------------------------------------
+ As illustrated in the chart analysis, NMR has recently broken out from resistance and is exhibiting a rounding bottom pattern.
+ A rounding bottom typically signifies bullish sentiment, and I anticipate a price increase following this breakout.
+ There appears to be a favorable opportunity to enter a long trade, considering the price retracement back to support.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 31.66
Stop Loss: 27.91
------------------------------
Targets 1: 33.37
Targets 2: 36.20
Targets 3: 41.08
Targets 4: 48.46
------------------------------
Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
Roudingbottom
KARURVYSYA Swing Trade setup.This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
On daily Time Frame Karurvysya is making rounding bottom pattern and is about to complete if breaks resistance of 116 with above above average volume on daily TF will buy with stop loss of low of candle below resistance, Target will be 127.
If Price rejects resistance then maybe we can expect it to form Cup & Handle like pattern.
On Weekly TF price broke through Flag & Pole Pattern and for that weekly target will be 135.
I cannot update charts or my ideas coz i don't have pro subscription i can only post additional charts if reputation level is above 10..need your supports who ever watch or agrees with setups i am posting.
Thanks everyone.