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NMC Trading - Time to invest in Namecoin Cryptocurrency? AUG 29/18

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  • NMC Trading - Time to invest in Namecoin Cryptocurrency? AUG 29/18



    NMC Trading and Namecoin Cryptocurrency Investing

    August 29 2018

    Trading NMC, NMC charts,

    Namecoin (NMC) explained

    NMC price chart

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    in this video we'll take a look at the
    historical prices of namecoin and see if
    what we're looking at if the prices
    right now might be an indicator of a
    turnaround

    back in 2017 prices laid
    pretty flat all the way along here until
    March in April of 2017 we saw a big pre
    pump spike
    come up and then prices
    surged up like most of the alts until
    June and July of 2017

    then we saw the
    classic downtrend all the way through
    2017 bottom din November another bottom
    in December

    a little run up to January
    like many of the alts did then we saw
    the prices fade off until April a little
    rise through May and then a downtrend
    and a fade off since then now

    if we zoom
    in to the three month view we can see
    that prices made a low here in late July
    a pre pump spike here and then lows but
    about the same lows as we saw in July
    for that period in August

    most of the alts made a low on around the 13th
    and 14th of August that sort of matches
    the same timing as Bitcoin
    • we're seeing a triangle formation here
    • we're seeing some pre pump candles
    • and the moving average is getting closer together when we're looking at the 12-hour bars

    if we zoom into the one
    month and we're looking at the four hour
    bars the moving averages are laying
    pretty much right on top of each other now

    so a break above this triangle
    would be very bullish

    especially if we
    look over the long term of this market
    it is at historical lows and it does
    have the history of making some
    fantastic and really big moves

    I'm not invested in this market but this chart
    pattern makes me pretty interested in it
    trading namecoin NMC
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  • #2
    Live price charts for NAV coin - 1 day bar default view
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