Numeraire (NMR) Surged More Than 350% And Reached The Huge Resistance Of Channel

in hive-182782 •  2 years ago 


Hi friends hope you are well, and welcome to the new update on Numeraire NMR.

Recently on 29th Jun, I shared a harmonic bullish reversal crab move, that NMR formed on the weekly time frame. After starting the reversal move it has surged more than 350%:

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https://www.patreon.com/posts/68403026

Different support and resistance levels:

NMR has rallied upto $41.21 but moved down back under the resistance of $23.20. Now if it will be completely rejected then there is a probability that it may test the support of $11.45. After $11.45 the next support is at $7.50. These levels can be seen on the daily time frame charts.

image.png

Big down channel:

Now after the rally, NMR has reached the resistance of a big down channel:

image.png

For a detailed analysis, you can watch the video.

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