Hi friends hope you are well, and welcome to the new update on Numeraire NMR.
Rently on 29th Jun, I shared a harmonic bullish reversal crab move, that NMR formed on the weekly time frame. After starting the reversal move it has surged more than 350%:
https://www.patreon.com/posts/68403026
Different support and resistance levels:
NMR has rallied upto $41.21 but moved down back under the resistance of $23.20. Now if it will be completely rejected then there is a probability that it may test the support of $11.45. After $11.45 the next support is at $7.50. These levels can be seen on the daily time frame charts.
Big down channel:
Now after the rally, NMR has reached the resistance of a big down channel:
For a detailed analysis, you can watch the video.
▶️ 3Speak