Reversal waiting for ignition?
We have two 11 months views.
* At your left, a chartist analyze with:
- 2 crosses between moving average. One is a kiss of death (bye bye) and one, lately, might be bullish.
- Remarkable result where price landed over both moving average.
- An ascending triangle which gives good odds to break upward.
- A strong resistance under 0.0031
- Volume rising a bit.
* At your right I've put an ichimoku setup to weight the possible reversal we are witnessing.
To sum it up: if NMC finally achieve to go over 0.0031, it could be a great kick for a *new* trend.
Knowing this, if you care to buy NMC, please remember: this altcoin (and it's applicable to every others altcoins) are very risky investment.
I recommand to buy NMC on BTC-e.com
* At your left, a chartist analyze with:
- 2 crosses between moving average. One is a kiss of death (bye bye) and one, lately, might be bullish.
- Remarkable result where price landed over both moving average.
- An ascending triangle which gives good odds to break upward.
- A strong resistance under 0.0031
- Volume rising a bit.
* At your right I've put an ichimoku setup to weight the possible reversal we are witnessing.
To sum it up: if NMC finally achieve to go over 0.0031, it could be a great kick for a *new* trend.
Knowing this, if you care to buy NMC, please remember: this altcoin (and it's applicable to every others altcoins) are very risky investment.
I recommand to buy NMC on BTC-e.com
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.