$NIMUSDT - Long here or wait for a breakout from the flagHello everyone!
Nimusd is about to complete the bullish flag pattern.
It's pretty risky to go long now as NIM might consider going down to retest the lower band of the flag and I don't like the setup of RSI.
So the best is to wait for a breakout from the flag and go long.
Nimiqusd
NIMUSDT, Nim USDT Horizontal Confluence long easy.Long NIMUSDT off horizontal confluence support, shoot for the moon and land amongst the stars.
Some Fundamental Analysis:
The supply emission of NIM is about to drop by 7 times/ NIM will be 7 times as scarce.
Your equity of NIM will scale in 2.0 if you help validate transactions.
Team Nimiq will buy NIM with the profits from OASIS for the first 24 months at least, further increasing scarcity.
Requirement to lock coins in vesting contracts to Stake will reduce on exchange balances of NIM.
Nimiq PoS upgrade with albatross consensus algorithm expected before Ethereum PoS upgrade.
Strategic 10% ownership/partnership with Ten31 Bank and FastSpot, OASIS asset swaps are a great business plan.
NOT a 100% premine coin like XRP
MarketCap: $17,000,000
Market Share: 0.00%