đŸ”„Now I got an interesting Theory for $NMR !!

🔮Technically concerning... The coin is at an ATH now... So when historical data are concerned it has moved considerably in a great extent...

📌According to Fibonacci Extension... concerning the most recent major pullback... I could cleary notice that the Price is at 100%(1) Fib Extension level and thats a good place for bulls to give up...

🔾Futhermore another reliable level is expected... that is the Golden ratio at 34$ which i dont think is the possibility now...

📌Guess what my Pivot Points said... accross some main TFs the price level of 19-18$ must have to be touched soon or later...

🔮So Technically speaking... Im expecting a good confirmation for this to go bearish and I cant be soo sure of the exact entry level but according to fibonacci... the current price is a major convincing level...

đŸ„¶Unless there is a Bear trap by some tricky bulls I hope the price may dump considerably over time...

❓Fundamentally speaking the project is having a good usercase concerning data scientists and machine learning but I have a huge questionmark about the hype and backers!

Good area to think!!đŸ€žđŸ»

#TradeNTell #Write2Earn #DenzoTM

🔾Denzo🔾