NMRBTC trade ideas
NMR/BTC Daily fib chartBought into NMR at 36.22$ - Big project, small supply of coins on the market - currently breaking out of bear trend. I'm long term on this project and plan on implementing their machine learning / staking services. The worlds biggest hedge fund is a hell of an idea, and I imagine a lot of the people switching from RobinHood will be very interested in something like this. The possibilities are exciting. :) trade safe homies!!
NMR/BTC (finally broke falling wedge ?)NMR / BTC
Gaint falling wedge breakout spotted
If this pattern successed the potential gain is huge
=> Support in (green color ) should hold to remain bullish
Chart in bigger more clear picture :
Please take care and use stoploss
this is just reading chart not signal
Good luck and happy trading 🌹
NMRBTC - Long- Target 7.43%NMRBTC - Long- Target 7.43%
Trade Set-Up:
N/A
Entry- 1722
TP1- 1780
TP2- 1850
SL- 1641
Triggers;
- RSI Divergence
- Untested Weekly Pivot
- Local Support
Notes:
Quite bearish market, keeping targets tight
See BTC DAILY Chart for current Market Movement
Trailing Buy, TP & SL recommended.
NMR/BTC (Test Swing Low Support?)💎Technical Analysis Summary💎
BINANCE: NMRBTC
-NMR broke the local support at the 2800s sat
-It is now facing selling pressure from the Bears
-The most likely scenario is a retest of the recent swing low at the 2500s sat
-If the Bulls can hold that area, we might expect an upside correction
-For now, let's wait for further market development
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#NMRBTC RISKY (Short Term) 9/20 #NMRBTC RISKY (Short Term)
Buy : 0.00294400 - 0.00284096 - 0.00274153
Target 1: 0.00309120
Target 2: 0.00323840
Target 3: 0.00397440
Target 4: 0.00441600
Stoploss: 0.00270005
Signal R/R: 5% / 50%
Net ROI : 25.5%
Invest: 3%
Exchange : Binance
Duration: 3-7 days
Confidence in Trade : Low
we ask Allah reconcile and repay.
NMR/BTC (Ready of Bounce up?)NMR/BTC
-The price is back at the previous resistance zone
-The 50MA dynamic area is catching the price now
-Also, the last Fib level of support which is 0.786
-It is currently trying to break the trendline resistance
-If this will level will hold for the next 1-3 days
-There is a chance of potential bounce up to 6000 sat or higher
-Bearish side, candle body below 4000 sat will invalidate my bias
Numeraire long the retrace after he got listed on coinbaseNRM 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.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
NMR - Breakout of multi-year-long resistance | Binance listingNMRBTC left the multi-year channel, breaking through resistance and doubling in price for a day. I think it still have a wide room for growth because of good fundamentals, bullish crypto market and strong momentum.
I'd prefer to buy near $0.004 with target at 0.008.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.