NEM (XEMBTC) Prints Bullish Divergence (90% PP)
Updated
NEM Had a strong crash recently and its price dropped hard. I've been getting messages asking me to take a look at it... Here I AM.
We have several signals that are pointing to XEMBTC finding support, with the strongest one being the bullish divergence marked on the MACD and chart (red line).
Additional signals bullish:
Conditions for change: A break and close below 0.00000997 would invalidate the above signals.
Thanks a lot for reading.
Namaste.
We have several signals that are pointing to XEMBTC finding support, with the strongest one being the bullish divergence marked on the MACD and chart (red line).
Additional signals bullish:
- XEMBTC is trading near the lower band of the Bollinger Bands.
- RSI is massively oversold.
- Good volume building up (check the 4H time frame).
- Targets and stop loss can be seen on the chart.
Conditions for change: A break and close below 0.00000997 would invalidate the above signals.
Thanks a lot for reading.
Namaste.
Comment
Going exactly as planned (charted). Expect good profits to come from XEMBTC in the near future.
Trade active
Some targets (more on the chart above)+17% profits so far, more to come...
TARGETS:
(1) 0.00001580
(2) 0.00001850
(3) 0.00002160
(4) 0.00002430
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