Long

XEM/BTC Bullish Channel Action

XEM/BTC has been following this channel for a week now, with no signs of stopping soon. With Bitcoin in distress, I'm expecting that the X/BTC pairs will be doing good in the near future.

On the chart I've marked two areas of resistance, R1 and R2. Do your own DD.

Happy trading!
Bitcoin (Cryptocurrency)BTCBullish PatternsChart PatternscryptoTechnical IndicatorsParallel ChannelTrend AnalysisusdtXEM

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