🔸Signal Info: New Economic Movement Rank: #27 Exchange: Binance Direction: LONG Leverage: x5
🔸Analysis: XEM has broken out from its dominant falling wedge pattern. I was holding back on this setup, because it seems highly likely to continue on that downward trajectory inside the white wedge.
This morning, the price broke out of the wedge with some vigor, so the case for a long trade here was strengthened.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.