Long
Nem looks pretty through the correction
Hi guys
after the nice upward move XEM USDT pair is now in the correction phase, the correction looks healthy and the 2 last touches of support zone with decreasing volume, support the possibility of double top formation.
now that's the time to watch the coin: if XEM breaks the Descending trend line, can follow the road map and the targets mentioned.
on the other hand if mounting selling pressure breaks the support, retest of the red line is possible.
always do your own research and with that: happy trading :)
after the nice upward move XEM USDT pair is now in the correction phase, the correction looks healthy and the 2 last touches of support zone with decreasing volume, support the possibility of double top formation.
now that's the time to watch the coin: if XEM breaks the Descending trend line, can follow the road map and the targets mentioned.
on the other hand if mounting selling pressure breaks the support, retest of the red line is possible.
always do your own research and with that: happy trading :)
Note
nice job so far :)Note
extend target reached
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.
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.