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NMR is Very Predictable, Gave Me A Decent Profit

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@funnyman
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As I spotted out Yesterday, NMR has upward potential and it did exactly that. It went upto $36 with a long wick and hitting my TP1 $33 giving me an approximate of 15% . NMR is chart is very predictable and it generally do wick type structure and that's why I told you guys to put a sell limit order around


Chart shared yesterday https://images.hive.blog/0x0/https://files.peakd.com/file/peakd-hive/funnyman/ZueLLJJk-Screenshot202020-10-1120at209.40.1120PM.png
Current Chart

If BTC maintains the same price action / consolidates, I am looking towards TP2 which is at $42 and in this case also I will put a sell limit order around $41-$42 because NMR's price action is very fast and you have to be in the market to take the profit at the potential peak points. BTC has been shaking out the alt market since yesterday and hopefully once it stabilises a bit I can get into this trade again to get some profit.

Don't ever look at the short timeframe candles and at least analyse the chart with daily candles. It will give you a much solid information about its price action.

Posted Using LeoFinance Beta