NMR/BTC Buy Order

in #bitcoin • 9 years ago

Numeraire

I just heard this code existed just now and I only have this time frame and can only play the following setup:

Market has a clear low (600..) and high (6950..) which has started to decline. It found nice support at the exact first Fibonacci level and had a suitable rally to follow. Is showing weakness at this point now and looks like it may resist this point.

If this level fails I think support should come down at the next Fibonacci level and that is in at 153ish which is where my buy order is placed. If this order executes I will most likely sell it all at all the 2727 key Fibonacci level.

Chart below is hourly time frame.

nmr.png

Derek

#money #cryptocurrencies #market #numeraire
9 years ago in #bitcoin by
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