In my opinion, right now at $NOM there are two scenarios.
First — the price holds at 0.00218, gets a strong reaction from buyers, and continues to rise to 0.00236–0.00260.
Second — the level 0.00218 doesn’t hold, and the price consolidates below 0.00197.
In that case, I won’t look for a long, because the bullish move could turn out to be just a normal trap for buyers.
I’ve long understood this: the market will always present a new opportunity.
But a lost deposit will never be returned. 🚀
First — the price holds at 0.00218, gets a strong reaction from buyers, and continues to rise to 0.00236–0.00260.
Second — the level 0.00218 doesn’t hold, and the price consolidates below 0.00197.
In that case, I won’t look for a long, because the bullish move could turn out to be just a normal trap for buyers.
I’ve long understood this: the market will always present a new opportunity.
But a lost deposit will never be returned. 🚀