Numeraire (NMR) - Bullish divergence

On the above 1-day chart price action has corrected almost 90% from $90 since May 2021. A number of reasons now exist to be long, including:

1) The ‘incredible buy’ signal has printed.

2) RSI resistance breakout.

3) Points 1 and 2 are also true for the BTC pair (below).

4) On the 3-day line chart (below) price action is now testing a significant support and resistance level. A strong move from this level should be expected, look left.

Is it possible price action falls further? For sure.

Is it probable? 5% to be technical.

Good luck!

Ww

Type: trade
Risk: <6% of portfolio
Duration: 1 - 3 months
Return: 5-10x

1-day NMR/BTC

3-day line chart

Trade active

Note

200% gain almost on the BTC pair since the buy signal.

If you're using po3, look for a swing trade opportunity in the days ahead.

Note

Look at the daily chart above in the last update...

now look at the daily chart below for TRU.

Trade active

Can't be bother writing a new idea! 1-day NMR/BTC pair..

1-day

Trade active

There she blows

without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

Also on:

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without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

Also on: