Ichimoku Analysis for NIMis looking good. If it can stay above 0.0014 than should get 50% profit on it in coming days.
NIM
NIMIQ struggle to break out#NIMUSDT
$NIM is trading inside a descending resistance zone. price dumped suddenly and I didn't find out why in my research!!
if daily candle close below 0.00584, there will be more drop to $0.005 and $0.0045.
but if price hold the support zone and head up to break out from descending resistance, another rally will lead price to $0.0084 , $0.009 and maybe $0.011.
NIM - ready to start1. The first and second waves are finished, the 3rd wave is coming soon
2. Strong divergence on RSX
3. Breaking of the descending channel
4. The coin has a good fundamental and very undervalued
NIM/USDT- The new diag confluence, buy setup Buy under diagonal confluence and go for the ride with NIM 2.0, NIMBTC 2W chart supporting of this moon.
There's no Ripple foundation of NIM selling all of the supply on you and the pumps are the effect. Ripple had to pay millions to get listed on exchanges to sell their bags from 100% ownership and that's just wrong.
Any NIM you buy on the market has been mined fairly by another user of the network. Soon they will deliver on staking and PoS, much before ETH.
News:
NIM 2.0 Testnet revealed on twitter,
NIMIQ OASIS beta- buy BTC or NIM with bank account and SEPA instant in Europe
BTC to NIM non custodial swap in Nimiq web browser wallet.
2.0 Full Release in 2021 brings scarcity increase and PoS upgrade with Albatross consensus mechanism.
Potential support from previous trend line Downtrend resistance is meeting the previous support from June. A triangle is forming which can break either way, my bet being an upwards trend shift.
Nimiq Trend Reversal!After Nimiq's great run a couple months back it has been cooling off and steady down ward path. It now has started a slow and steady up trend. The RSI
is also confirms the action. The one thing we need to see now is a substantial amount of volume to show people bought it.
Nimiq - long term resistances to breakThe previous pitchfork has broken down and the support has become the major resistance.
Short-term we are in the decending pitchfork with 54.9 sats being the top resistance line, going lower.
Generally follow the pitchfork and once we break upwards from the PF, seek the previous support (now resistance, bold line) to be next target to break.
Short-term, I'm bearish and looking to sell above the middle of pitchfork and rebuy below the middle of pitchfork.
NIMBTC good time to buy will riseNIMBTC nimiq may have strong growth, reached the bottom line of the channel ... roughly drew a possible movement
