$NMR-BTC Technical Analysis | Broken out with big impulsive move
bitcoin·@cryptokraze·
0.000 HBD$NMR-BTC Technical Analysis | Broken out with big impulsive move
## <center> CryptoKraze here</center> **** **** <center></center> ***** ***** <center> In this post I am going to cover technical analysis of **$Numeraire** for Mid short trade. I am using tradingview charts and price linked to Bittrex exchange. Let's have a look on technical aspects of **$Numeraire**.</center> ***************** ********** ### Possibility on 1 hour Chart <center></center> If you look at 30 minutes chart, you will see **NMR** has made a big impulsive move and now it has to form a bullish flag. This is very common pattern in crypto currencies, whenever a coin breaks with big impulsive move, it pulls back and wait for some time before making next impulsive move. If we look at RSI, it has gone above 70 level in first impulsive move and has to dip to 50 level now, so we have pull back done and next impulsive move is ready. If we look at bollinger bands, the price has touched upper bands and now it will reach median line and then break above. * I will have a buy entry at 0.0027000 with my profit target will be around 0.00345000 and 0.00435000 or above. * Stop loss just below the entry area is must for trading if you don't know the [**Averaging Technique in Crypto Trading**](https://steemit.com/cryptocurrency/@cryptokraze/averaging-technique-in-crypto-trading-or-to-maximize-profits-and-cut-losses). ******** ******* <center> **Have a look on my other Posts** </center> <center>**[Bitcoin Technical Insight by Crypto Kraze | We have started Journey to $24,000](https://steemit.com/bitcoin/@cryptokraze/bitcoin-technical-insight-by-crypto-kraze-or-we-have-started-journey-to-usd24-000)**</center> <center>**[Averaging Technique in Crypto Trading](https://steemit.com/cryptocurrency/@cryptokraze/averaging-technique-in-crypto-trading-or-to-maximize-profits-and-cut-losses)**</center> <center>**[Steem has formed Bullish Flag | We are going to hit $10](https://steemit.com/steem/@cryptokraze/steem-has-formed-bullish-flag-or-we-are-going-to-hit-usd10)**</center> <center>**[Crypto Kraze Trading Results | $XDN Call has given more than 200% Profits](https://steemit.com/bitcoin/@cryptokraze/crypto-kraze-trading-results-or-usdxdn-call-has-given-more-than-200-profits)**</center> <center>**[Crypto Kraze Trading Results | 200% Profit made on $Nexus Trade](https://steemit.com/bitcoin/@cryptokraze/crypto-kraze-trading-results-or-200-profit-made-on-usdnexus-trade)**</center> *** *** <center>**If you like my posts and analysis and want me to add analysis on more cryptocurrencies, let me know in comments and I will add analysis**</center> ******** ******** <center>_**Disclaimer**_ _Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose. Bitcoin unexpected move will make this analysis void._</center> ******** ********** <center></center> *** *** <center> The @adsactly Society is junction for all those having some skills & free thinking and want to cooperate. It is a way to create better environment at steemit. </center> <center> <a href="https://discord.gg/7mqmx2M"> <img src="https://steemitimages.com/DQmd5CQG5zLjjm2z8289qcLU6eBHJpC5FmgtR3aC1eXnhsi/Adsactly-Logo-200px.png" alt="Go Adsactly" width="200" height="200" border="0"> </a> </center> <center>You are welcome to join @adsactly Discord Channel</center> ### <center>[Follow ADSactly at Discord](https://discord.me/adsactly)</center> **** ****