XEM/BTC - Projected Targets
NEM is on my list to add to my position. I was waiting for a deeper retracement - price has met the daily trendline and the Bulls have taken over.
My projections are drawn on the chart.
My projections are drawn on the chart.
Note
There we have it the retracement that was necessary for the Bulls to take price higher. The long term support was not broken - confirming this coin as Bullish.Order cancelled
This trade plan failed to work. Support (indicated by the blue line) has been retested several times. I will be watching for another test of this level to see if I get a sign to take the trade long.
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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.