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 trade ideas
#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 I BUY SETUP✔︎📈 BINANCE:NMRUSDT SIGNAL
✔︎ENTRY : market
🏓 TARGETS :
✔︎ T1 : 46.64
✔︎ T2 : 52.99
✘ STOP : 40.69
🚦Stop Trigger:
• If you make capital management: Stop is activated when one candle opening and closing
below the stop level of the same time frame of the signal.
• If you don't make capital management: Stop is direct without waiting for the candle to close.
💡Risk management :
• Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities.
• Sell (25% to 50%) on (T1) and don't move your stop-loss.
• Sell 50% on (T2) and move your stop loss to the entry point.
• You are safe now, and the next 25% is up to you.
💡Reason for this trade:
BINANCE:NMRUSDT gives my trading system a sign of strength:
• My trading system is based on liquidity and reversal zones.
• When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
• the first side that has been swept:
1- range low
2- failure swing point
• Opposite side targets:
1- mid range
2- range high
💡Entry setup
1- reclaim range low after failure swing point
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
NMR Rally Mode: Your Chance to Buy and Prosper!"## NMR Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Numeraire (NMR):** A token used on the Numeraire Network, a decentralized prediction market platform.
* **Launched:** September 2017.
* **Market Cap:** ~$50 million (as of Feb 23, 2024).
* **Rank:** #423 on CoinGecko.
* **Unique Features:**
* **Crowd-sourced prediction markets:** Users stake NMR to make predictions on various events, and the platform aggregates these predictions to generate market signals.
* **Stake & mint:** NMR holders can stake their tokens to earn additional NMR and participate in governance.
**Recent News:**
* **Feb 21, 2024:** Numeraire announces partnership with Chainlink to improve data quality on its platform.
* **Feb 14, 2024:** Numeraire launches a new prediction market on the upcoming US presidential election.
* **Feb 7, 2024:** Numeraire releases its annual report, highlighting its progress in 2023.
* **Jan 30, 2024:** NMR price surges after the announcement of a new strategic partnership.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* NMR price has been volatile recently, but has shown some positive momentum in the past month.
* The recent news items highlight Numeraire's focus on partnerships and platform development.
* It's important to be aware of the risks involved in cryptocurrency investments before making any decisions.
I hope this information is helpful! Please let me know if you have any other questions.
Numeraire ($NMR)Numeraire (NMR) - A Cryptographic Token for Coordinating Machine Intelligence and Preventing Overfitting
The innovation behind the Numerai platform in using all the new tech to its advantage, including Machine Learning, Artificial Intelligence, Data Science as well as the blockchain. The platform manages to get the best possible predictions of market trends by rewarding anonymous scientists for the best models, benefiting the company as well as the scientists.
About 5,700 staked models and over 800,000 ($11M+) staked at their platform, Numeraire only has a market cap of $82M. With a data model unlike any other in the financial market, perhaps the coolest thing about Numerai’s infrastructure is that it is trustless. Numerai keeps their financial data masked, and users keep their data models private since only the predictions they generate are being shared with Numerai.
In general, this project is one of the oldest at the intersection of AI and crypto.
And large recent purchases confirm the rumors that the project was taken for DWF promotion.
The project was in the Grayscale trust.
NMR is Nvidia in cryptocurrency and capitalization of 113M and 1 trillion.
The project is a candidate for Pump because of its history and relevance to the topic of artificial intelligence.
I buy NMR for 5% in my portfolio
Best regards EXCAVO
✴️ Numeraire Trade-Numbers (120% Potential Profits)Numeraire (NMRUSDT) looks ready to produce a bullish explosion... Let me show you.
Feel free to boost and follow to get started!
Bullish signals
Trading above all moving averages (EMA50/100/200/300 & MA200).
Low volume above resistance.
Very strong RSI.
Higher lows since June 2022.
Green Monday. Fresh start to the new week.
All these signals are pointing towards higher prices.
We use a manual stop-loss strategy for our trades.
This is not financial advice. If you cannot take a loss, you cannot trade.
ENTRY: $13.8 - $15.6
TP1: $16.7
TP2: $19.7
TP3: $22.2
TP4: $25.2
TP5: $29.6
TP6: $33.3
STOP: Close daily below $13
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Additional growth is possible once all targets are hit based on the mid and long-term (within 3-6 months).
These targets can hit within a few weeks or a month.
Thanks a lot for your support.
Namaste.
NMR/USDT +520 Potential with this breakout. You know why!#NMR/USDT Analysis
Description
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+ As illustrated in the chart analysis, NMR has recently broken out from resistance and is exhibiting a rounding bottom pattern.
+ A rounding bottom typically signifies bullish sentiment, and I anticipate a price increase following this breakout.
+ There appears to be a favorable opportunity to enter a long trade, considering the price retracement back to support.
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VectorAlgo Trade Details
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Entry Price: 31.66
Stop Loss: 27.91
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Targets 1: 33.37
Targets 2: 36.20
Targets 3: 41.08
Targets 4: 48.46
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
NMR - Numerai breaking stage 1!NMR was a long term dormant giant.
That nice to see it going back to normal trading activity see the size of the project.
It is breaking the 26$ price barrier level, towards his next level around 40$ but if, the volumes remains sustainable with the main bullish trend, then we can see this going going towards 65$ as possible second potential target.
Good trading!
NMR/USDT-4H-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!