Why is nobody talking about the multi-year setup still holding on $NMR?
Most traders lose money chasing the latest $BTC move or jumping into alts after the candle already printed. They never wait for the actual structure and then have no plan when it reverses.
$NMR bounced from a multi-year rising support trendline on the 2W chart and is still trading above it, which keeps the bullish structure intact. The real accumulation sat between $9.50 and $7.50. That is where positions were built, not on the first green wick.
$26.70 is the only level that matters from here. A confirmed two-week close above it is the signal that could open the next expansion. Until then the trendline is your invalidation. Wait for that close instead of guessing. Most will only notice after the move is already underway.
Where do you think $NMR goes if it actually clears $26.70?
#NMR #Altcoins #CryptoTrading
Most traders lose money chasing the latest $BTC move or jumping into alts after the candle already printed. They never wait for the actual structure and then have no plan when it reverses.
$NMR bounced from a multi-year rising support trendline on the 2W chart and is still trading above it, which keeps the bullish structure intact. The real accumulation sat between $9.50 and $7.50. That is where positions were built, not on the first green wick.
$26.70 is the only level that matters from here. A confirmed two-week close above it is the signal that could open the next expansion. Until then the trendline is your invalidation. Wait for that close instead of guessing. Most will only notice after the move is already underway.
Where do you think $NMR goes if it actually clears $26.70?
#NMR #Altcoins #CryptoTrading
