Nimiq: I Show You The Opportunity, You Take Care Of The Rest!I just looked at this pair, vs Bitcoin (NIMBTC), but I know many of you have no idea what Bitcoin is. The pair looked good, therefore we are going to be looking at it again through Tether (NIMUSDT). To make it easy for you or just in case you don't know how to trade BTC.
We have four consecutive weeks this pair closing green. We can think of 6 weeks of rising prices, if we count the red Doji as bullish since the inverted hammer showed up 9-September.
➢ Nimiq: NIMUSDT —Weekly timeframe.
We have a two and a half years long consolidation phase.
In 2021 this pair peaked in April, which means that this can be in the group that moves first. If it moves first, it can start growing soon compared to other pairs that will start to move later this year or in early 2025.
Peaks first, bottoms first, moves first.
Peaks last, bottoms lasts, moves last.
This is just a possibility of course because the dynamics can change in every cycle.
Right now we are seeing bullish action. An entire month green is good but normally you want to buy when the market is red before the reversal.
Say the next 2-3 weeks turn red and then it grows. This can happen.
If you do buy and it drops, you simply wait or buy more.
Another option is to enter the position in portions.
That's your homework. How to enter the trade, how to exit the trade.
That's your job. You have to do it right and maximize profits.
👉 My job is to alert you of the opportunity before it happens.
This pair will grow and it will grow strong.
I say this based on the chart.
Based on the chart structure and signals and also based on the market cycle.
It will move in 2025; what will you do?
I just showed you the opportunity my dear friend, the rest is up to you.
Namaste.
