$NIM has an upward structure which is extremely hard for me to count.
What I can say is that it has fallen below the 88,7 of the previous move and has spend more than 3,5 years below.
In my experience, this means that it is very unlikely that new highs will be made.
A potential target in case of a broader bullrun would be the 🔵box.
On the lower timeframes, there is a possibility that this is the start of an uptrend, but this is more guessing than anything else.
I would stay under the assumption that #Nimiq still is in a downtrend.
