Nimiq / BitcoinLong
NIMBTC Nimiq, reversal ?
So, we are on the verge of new uptrend for NIMBTC pair. This are 2 scenarios that I'm considering right now:
1. Triple MA and MACD cross on weekly chart will state beginning of huge uptrend
2. No cross on Triple MA and MACD, will lead to further trading corridor or continuation of downtrend.
I'm more bullish right now, as Bitcoin is in correction phase for next 2-3 weeks and we may see altcoins to gain some value.
1. Triple MA and MACD cross on weekly chart will state beginning of huge uptrend
2. No cross on Triple MA and MACD, will lead to further trading corridor or continuation of downtrend.
I'm more bullish right now, as Bitcoin is in correction phase for next 2-3 weeks and we may see altcoins to gain some value.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.