NEM / BitcoinLong
XEMBTC retrace to Minor Bull Trend
It seems as though XEM may be retracing after moving aggressively to the upside.
Minor Bull trend is rendered stable, however; if bearish momentum is held strong we may bounce off that trend slightly thus creating a head and shoulders. Will keep updated.
0.000042 would be an ideal buy zone.
A break and close below may send us to 0.000035
Daily time frames demonstrate bullish behaviors
Minor Bull trend is rendered stable, however; if bearish momentum is held strong we may bounce off that trend slightly thus creating a head and shoulders. Will keep updated.
0.000042 would be an ideal buy zone.
A break and close below may send us to 0.000035
Daily time frames demonstrate bullish behaviors
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Disclaimer
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.