NMR Coin Prediction Numeraire Token.steemCreated with Sketch.

in nmr •  2 years ago 

So on nmr coin you have one dip scenario with two targets one could give you around 51 percent gains and 121 percent gains here

src

by looking at the weekly chart right here and you can see the price is making lower highs and lower lows means the trend is down on the weekly chart and you can see this channel like this

if i draw it like this you can see a falling channel right here so that's not a good sign and that's a downtrend and i can also see this level has a resistance level you can see it will support here support here it broke down

and when the price comes up here somewhere here it will act as a resistance so exactly it did that and we saw a nice rejection right here let's move down to the daily chart to analyze this further and for the time

being i can see this bullish momentum price action right here so that's a good sign on the daily chart and i can also see this kind of a head and shoulder pattern right here but the neckline of this head and shoulder is

very steep and that doesn't make sense right here but for the time being we can see a little bit pushed towards the upside to at least 27 and 26 28 region right here so having that in mind uh but we'll have to also see this level

of resistance right here at around 21 and 22 level having that in mind let's move down to the 4r chart to analyze this further and for those of you who want to buy this coin based on the dip entries then this was the dip entry

right at around 14 level and from that level price had hit the resistance you can see this was a nice support here support here support here so we kind of missed this entry and let's say if price crashes down further then we have

another dip entry right here let's say here at around 10 dollar level you can see nice support and resistance area right here so you guys need to wait for a dip entry right here and let's say you buy right here you take profit

should be at the next resistance and that will gain you around 51 percent gains here or you can target the highest of this resistance and that will give you around 121 percent gains here so on nmr coin you have one dip

scenario with two target one could give you around 51 percent gains and 121 percent gains here.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!