NMR: Taking Position

Just a little trade set-up I made for myself to snatch quick profit if NMR continues toward the demarcation zone. The zone is conservative for a reason; wait for break-out and possible pull-back (EOS, anyone?). Alts have been acting a bit crazy lately due to BTC's bipolarism so it's crucial to wait for confirmations on these breaks (i.e. volume-to-price divergences, retesting of prior resistance lines, etc.) before taking an entry position on the markup. That said, it's entirely possible to make good, consistent gains this season despite BTC's behavior, as I have been demonstrating. Diversification is key for all these set-ups.

*Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.

**If you have strong hands, patience, and like big wins and big money, follow me. I track all the USD-paired cryptocurrencies on Coinbase (and many others) and regularly seek out the most potentially lucrative swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My technical analysis is based upon Wyckoff phase analysis, Elliott wave theory & Fibonacci ratios. If some of my sell zones seem conservative, it's only because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!

My swing trade wins so far for March 2021:

1. Filecoin (14 Days) 31.92%
2. Kyber Network (7 Days): 12.09%
3. Loom Network (10 Days): 66%

Trade geschlossen: Ziel wurde erreicht:

Bullseye. Great job and congrats to all who traded