- 2 crosses between moving average. One is a kiss of death (bye bye) and one, lately, might be bullish. - Remarkable result where price landed over both moving average. - An ascending triangle which gives good odds to break upward. - A strong resistance under 0.0031 - Volume rising a bit.
* At your right I've put an ichimoku setup to weight the possible reversal we are witnessing.
To sum it up: if NMC finally achieve to go over 0.0031, it could be a great kick for a *new* trend.
Knowing this, if you care to buy NMC, please remember: this altcoin (and it's applicable to every others altcoins) are very risky investment. I recommand to buy NMC on BTC-e.com
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