Numeraire
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NMRUSD a crypto sleeping giant?

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What is NMR?

First of all, what is Numeraire is an Ethereum token that powers Numerai, a San Francisco-based hedge fund that crowdsources artificial intelligence to make investments in major stock markets around the world. Numeraire (NMR) holders can stake their NMR tokens every week on specific predictions. Essentially a hedge fund run by AI. I work in the machine learning industry and can tell you this is game changing technology when applied to charts. Don't worry, I am a hand trader and NOT a bot. But I digress...

Why go long?
  • On balance volume increasing despite falling price action.
  • Signs of price suppression with large downward wicks with no affect on On Balance Volume
  • Cup and handle formation


Nota
Still a sleeping giant, the on balance volume keeps growing. Stay long

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.