LONG WNXM/USDT - possible double bottomLONG WNXM - bullish MACD divergence / Double Bottom Formation
Stop 16.75
Profit Target 1: @22.32 sell 1/2 move stop to break even.
Profit Target 2: trail with 4 hr at trail stop
no more than 2% acct equity per trade ;)
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Nexus Mutual is an Ethereum based decentralized insurance protocol. The platform aims to become an alternative to traditional insurance companies by providing a wide range of products to protect users against smart contract vulnerabilities.
WNXMUSDT trade ideas
Ascending wedge - shortHate how mobile screws up chart display ratios.
Ascending wedge. Shorting now to 17-20.
WNXMUSDT - Long - Potential 10.44%WNXMUSDT - Long - Potential 10.44%
Entry- 25.537
TP1- 26.425
TP2- 28.180
SL- 23.759
- RR - 1.38
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
WNXM Hallo
About Wrapped NXM
It is claimed that Nexus Mutual Membership rights will be represented by tokens. It is also claimed that tokens can be used to purchase cover as well as participate in claims assessment, risk assessment and governance. Website: nexusmutual.io
Plus WNXMBTC printed an Adam & Eve bottom pattern on the 4h timeframe... This pattern is bullish and tends to lead to a price jump.
I think it will hit 27.0 today or tomorrow
Tschüss
Wrapped NXM | | | triple bottom | triangle of hope and gloryI found another triangle to enprison the price for now, hopefully will escape UP
Possible scalp opportunity for WNXM/USDT pair.My eyes are looking at this potential scalp opportunity that WNXM has to offer. Fundamental factors are DeFi boom and the token is also yielding farmers 125% yearly at the current moment. This is not trade advice but an excellent example of a scalp potential.
WNXM in Ascending ChannelWNXM is profitable good DeFi Project, moving in Ascending Channel. i think that it will reach 87 usdt or more.
WNXM| Let's see what this 9 Candle can do | breaking Resistancetarget in chart
we need to break current resistance to go long
NXM (wNXM) - DeFiNexus Mutual is DeFi insurance. Current DeFi market cap is valued around 7.83 billion usd (based on value locked in protocols, if we add projects tokens the number would be even higher). NXM market cap is 380 million usd. Few understand this...
For a fast profit (flipping) I can't recommend this project, for long term holding yes
Full report on Nexus Mutual from Delphi Digital colleagues (those who helped to create tokenomics) can be found here
www.dropbox.com
Best regards EXCAVO
WNXMUSDT ANALYSISIt is too early to talk with this coin now but generally
Buy at the support line ( $ 47,547) sell at the resistance line ( $ 75,543)
Try to catch EngineeringRobo 's buy signal
and Buy this coin when the resistance line turns to support line
Unfortunately, EngineeringRobo gave Sell 1 & Sell 2, Bear and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
Have a good trade. If you want to use EngineeringRobo please dm me.
WNXMUSDT ANALYSISit is a new coin, so we should wait for more data, candles. Then, I will do a technical analysis and share it with you.