NMR LongNMR caught our attention this morning..... Looking into HTF we can see NMR is currently bullish and also on 15mins TF which confirm a good entry for it.....
Wait for good retest of the entry and a take a long from there to the previous swing high
Follow for more market update and trade setup
NMRUSDT trade ideas
NMR SHORT hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
NMR SHORT hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
NMRUSDT IDEAUPDATE
Bullish pennant breakout is already done in 1D time frame...
Expecting 30-35% upward move.
COIN DETAILS
NMR is the digital asset token used to pay for services on the Numeraire network. NMR is the token of the Erasure protocol, in which apps such as Numerai's classic tournament and Numerai Signals are built. It is built on Ethereum in accordance with the ERC20 standard for tokens.
NMR USDT LONG SWING | NMRUSDT | LONG @ 15.7 - 16 | TP @ 16.1, 16.2, 16.3, 16.4, 16.5 | SL @ 14.5 | PATTERN = SYMMETRICAL TRIANGLE BREAKOUT | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:NMRUSDT BINANCE:NMRUSDT.P COINBASE:NMRUSD BITGET:NMRUSDT OKX:NMRUSDT CRYPTO:NMRUSD KUCOIN:NMRUSDT
Long NMR/USDT (Binance/KuCoin/OKX) SWING/HODLLong NMR/USDT (Binance/KuCoin/OKX) SWING/HODL
We discussed Numeraire fundamentally a few times on the live-stream and it is also included in our fundamental HODL portfolio. It is a very attractive and serious project, the token of which has not shown anything properly for a long time (even if it can shoot well from history).
His industry is part of Big Data, TradFi and also AI, that is, a very strong combination for the year 2024. This is a long trade and I personally take it to HODL without SL with a standard HODL position.
Market entry: $16.25
Re-Buy: $12.8
Duration: 3-6 months
Take profits:
TARGET 1 - $29.2
TARGET 2 - $39.49
TARGET 3 - $50.31
TARGET 4 - $61.68
Follow the specified Money & Risk management, or standard position on HODL.
1W chart:
NMRUSDT,1DPlz see notes on chart with 2 sets of Fib levels, one on back tests and the other on Bull tests.
Recommend Trail stop loss below Black levels once next one gets cleared, move Trail SL as market matures.
for ease of view, wave count not shown while taking into consideration of potential truncated waves on prior high swings which has yet to get confirmed. relevance of such claim pending!