$MULTIVERSE Multiverse over 60% retracement from All time HighNSENG:MULTIVERSE Multiverse Mining & Exploration Plc focuses on quarrying solid minerals (granite, zinc, tin, tantalite, barite, columbite, gold, etc.) in Nigeria, with operations in Ogun and Nasarawa State.
Currently NSENG:MULTIVERSE has lost over 60% of its value from an all time high of 24.50/share and is in consolidation.
Current price: 9.85naira/share
Low risk Buy zone levels is between 6.8naira - 10naira/share
Expecting #Multiverse to retest previous resistances at 17naira/share and 24naira/share if price attempts a recovery.
📈 Key Levels
Breakout above ₦10.20 Breakout zone – key resistance turning into support if broken
₦17.1 TP1 – next major resistance (target)
₦24.5 TP2 – higher resistance / bull target
Invalidation of this idea is a weekly close under 6.8naira/share
Nigerian
The Rising Channel of the Nigerian Naira NGN $NGNThe Nigerian Naira $NGN has been losing value for months in relation to the USDT.
Current Price: 1130/$
Price Action has created a rising Channel.. Only two things can happen:
Naira NGN price action breaks out of the rising channel to higher prices up to 1700/$ OR
#NGN Price Action continues to find resistance around the 1300 level to break down to previous Supports: 1120, 1000, 903, 825
Nigerian CallIf you are Nigerian you live there you have Paper Money or Not and you want to grow it Just convert it to some satoshi
qz.com
USDNGN Long term analysis !Pattern Wedge on NGN, but take in mind that this
is monthly timeframe and of course long term
analysis. Based on technical indications NGN can
correct its trend against USD to 349.77 in next
5-6 months. Anyway price can gradually decline
to 360 before christmass holidays\
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "What is divergence, why it is important for trading?"
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