#NMR (SPOT) entry range (12.5 - 14.5) T. (24.98) SL (12.29)entry range (12.5 - 14.5)
Target (24.98)
SL .4H close below (12.29)
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BINANCE:NMRUSDT
#NMR
#NMRUSDT
#NMRUSD
NYSE:NMR
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**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR ****
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NMRUSDT
Are We About to Witness a Major NMRUST Drop? Key Levels to WatchYello Paradisers! Are we on the brink of a significant drop in #NMRUST? The recent price action hints that we could be heading lower, so it’s crucial to stay alert. Here’s what’s unfolding:
💎#NMRUST has been stuck in a downtrend on the major timeframe, consistently making lower lows and lower highs. Recently, however, the price reversed after setting a new lower low and moved up to form equal highs near the previous lower high. This move has sparked some interest, but don’t get too excited just yet.
💎The pair grabbed liquidity near this level, but the key observation here is that the candle didn’t close above the supply box. This signals that sellers are still dominant in the market. Currently, NMRUST is hovering around the supply box, which is between $15.53 and $16.67. This area is critical because it suggests there’s a strong probability for the price to fall from here.
💎If the downtrend resumes, the first support zone to watch is around $13.25. Should the selling pressure continue, we could see NMRUST drop further to the major support zone at $12.20, and possibly even down to $10.10.
💎However, it’s essential to keep an eye on the invalidation level. If the price reclaims the supply box and we see a strong 12-hour candle close above $18.59, this would shift the trend bias and invalidate the bearish outlook.
For now, be cautious and prepare for a possible drop. Stay disciplined and monitor these levels closely to navigate the potential moves effectively.
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO
MyCryptoParadise
iFeel the success🌴
Is #NMRUSDT Ready for a Major Breakout? Major Zone ReachingYello! Are you prepared for what could be a significant move in the #NMRUSDT? Let's look at the latest analysis and see what will happen:
💎Currently, #Numeraire is compressed within a falling wedge pattern, a classic bullish reversal signal. So, what makes us confident in an upcoming breakout? It's the combination of increasing trading volume and improving macro market sentiment.
💎However, there's always a plan B in trading. If #NMR gets rejected at the upper trend line of the wedge, we might see a retest of the major support zone around $11-12. This level has consistently provided strong support and is rich with liquidity.
💎Should #NMRUSDT fail to bounce back from the $11-$12 support, our eyes will be on the next critical level at $9.31. Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.
💎But remember, if #NMR breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.
Strive for consistency, not quick profits.
MyCryptoParadise
iFeel the success🌴
NMRUSDT.1DIn this technical analysis of the NMR/USDT daily chart, I explore the current price trends, key support and resistance levels, and the insights provided by technical indicators to offer a perspective on future price movements.
Key Observations:
Current Price and Movement:
NMR/USDT is currently trading at $18.97, experiencing a slight increase of 0.26% today. This suggests a minor bullish activity within a predominantly bearish trend.
Support and Resistance Levels:
R1 (Resistance Level 1): $22.33 - This level represents the immediate resistance that needs to be overcome for a bullish reversal.
S1 (Support Level 1): $16.97 - This is the nearest support level, crucial for holding the current price levels to prevent further declines.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, indicating continued bearish momentum. The proximity between the lines, however, suggests that the bearish momentum might be losing strength.
RSI (Relative Strength Index): At 32.94, the RSI is approaching the oversold territory, hinting that the asset may be undervalued and could potentially see a reversal if bullish forces step in.
Analysis and Conclusion:
The current setup in the NMR/USDT chart shows a market trying to stabilize after experiencing bearish pressure. The slight increase in price today, despite the overall bearish trend indicated by the MACD, suggests that there could be potential for a short-term recovery if the support at $16.97 holds firm. This support level is key, as a drop below could lead to further declines, possibly testing new lows.
However, the near-oversold RSI level presents a scenario where we might see some buying interest emerging, offering a chance for the price to rebound towards the resistance at $22.33. For bullish momentum to be confirmed, watching for a crossover in the MACD where the MACD line rises above the signal line will be crucial.
In summary, traders should monitor the $16.97 support closely. A bounce from this level, supported by a positive shift in MACD and RSI, could offer a strategic entry point for a short to medium-term hold with a target at $22.33. Conversely, a break below this support would necessitate reevaluation of bearish targets. As always, employing proper risk management strategies is essential, considering the volatile nature of cryptocurrency markets.
NMR || HoneycombTo some of you who may have never heard about Numeraire, it is a kind of hedge fund built by a network of data scientists. But what does that mean? Isn’t every hedge fund using great scientists who conduct testing and create algorithms to outperform the market? Then why is the Numeraire being talked about in a world that already has other cryptocurrencies?
#Greys = 2 Entry Points.
#NMRUSDT #4h (OKX Futures) Ascending trendline breakdownNumeraire lost 50MA support, going down for 200MA seems quite probable next.
⚡️⚡️ #NMR/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.1%
Current Price:
28.77
Entry Targets:
1) 28.96
Take-Profit Targets:
1) 26.68
Stop Targets:
1) 30.1
Published By: @Zblaba
NYSE:NMR OKX:NMRUSDT.P #Numeraire #AI #BigData numer.ai
Risk/Reward= 1:2.0
Expected Profit= +39.4%
Possible Loss= -19.7%
Estimated Gaintime= 1 week
NMR/USDT Primed For a Bull Rally From a Critical Support?🚀 💎Paradisers, turn your attention to #NMRUSDT, which is currently making significant moves in the market. #Numeraire has recently tested resistance at $33.68 and is now stabilizing around the critical support of $21.04.
💎If #NMR maintains its foothold at this key level, we might see a bullish continuation. This outlook is bolstered by NMR’s performance above the EMA, pointing to a potential sustained rise from here.
💎However, should #NMR find it challenging to hold its position at $21.04, it might be time to reconsider our strategy. A break below this point could see us looking towards a rebound from the next critical support at $17.45.
💎Crossing below this subsequent support level could suggest the onset of a bearish phase. We will adapt our tactics accordingly.
💎Your ParadiseTeam is actively monitoring the market and ready to guide you through these dynamics to optimize your trading outcomes.
NMR/USDT +520 Potential with this breakout. You know why!#NMR/USDT Analysis
Description
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+ As illustrated in the chart analysis, NMR has recently broken out from resistance and is exhibiting a rounding bottom pattern.
+ A rounding bottom typically signifies bullish sentiment, and I anticipate a price increase following this breakout.
+ There appears to be a favorable opportunity to enter a long trade, considering the price retracement back to support.
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VectorAlgo Trade Details
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Entry Price: 31.66
Stop Loss: 27.91
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Targets 1: 33.37
Targets 2: 36.20
Targets 3: 41.08
Targets 4: 48.46
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Agree or Disagree with the ideas ? lets discuss in the comments.
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Regards
VectorAlgo
NMR LongNMR caught our attention this morning..... Looking into HTF we can see NMR is currently bullish and also on 15mins TF which confirm a good entry for it.....
Wait for good retest of the entry and a take a long from there to the previous swing high
Follow for more market update and trade setup
$NMR Performed Bullish Symmetrical What is a Symmetrical Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
#NMR/USDT 4h (Binance Futures) Descending wedge breakoutNumeraire regained both 50MA & 200MA and is pulling back to them, looks good for another bounce.
⚡️⚡️ #NMR/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (4.0X)
Amount: 6.9%
Current Price:
13.13
Entry Targets:
1) 13.10
Take-Profit Targets:
1) 15.94
Stop Targets:
1) 11.68
Published By: @Zblaba
$CRYPTOCAP:NMR BINANCE:NMRUSDT.P #Numeraire #AI numer.ai
Risk/Reward= 1:2.0
Expected Profit= +86.7%
Possible Loss= -43.4%
Growth in the middle of the streetThis currency is in a sideways trend but near the support range, so the possibility of growth for this currency in two steps can be good. This is just a buy offer.
Two ranges of support and resistance have been identified in this analysis. The failure of each of these two ranges can lead to safe entry.
NMR recovery soonHello Traders,
NMR erased most of the gains and seems bottomed out and ready to recover.
Keep an eye on it; the double bottom and falling wedge can be seen on 4h tf. I already entered a long position at an average price of ~$12.1. If it dips more, I'll add more.
Please hit the boost button and follow me for more ideas.
Thanks.
NMR coin is on the long list with a level of 14.81Hello everyone!!!
AIHermes today identified the coin NMR on the long list with a level of 14.81
Entry model - breakout! Leverage 10-20X
Stop short.
We see a long accumulation and a gorgeous squeeze!
1st target 15.88
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Today:
17 coins on the long list
11 coins on the short list.
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Has NMR gone down?After the strong climbs and the BOS that he had, now there was a decline and we saw a descending CH.
Above the order block we have the QM Level which adds to the strength of this supply range.
We are looking for Sell/Short trades in the red area
If the price is rejected from the red box, the green area of FVG can be a good place for the target.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You