Long
XEM bullish divergence
XEMBTC is drawing a bullish divergence on weekly timeframe. This is one of my favorite setups in crypto.
There is still some overhead resistance weekly ma20, and trendline but once it breaks there should be fireworks. Planning to add on break.
NEM has been very rewarding for me in the past, see related idea ;D
Also check some fundamentals here: youtube.com/watch?v=5I55YjytMtI
DYOR, high risk, high reward here.
There is still some overhead resistance weekly ma20, and trendline but once it breaks there should be fireworks. Planning to add on break.
NEM has been very rewarding for me in the past, see related idea ;D
Also check some fundamentals here: youtube.com/watch?v=5I55YjytMtI
DYOR, high risk, high reward here.
Note
could not break the ma20 for now, in worst case its drawing a large falling wedge. The sell volume is really weak, I believe that its very close to the bottom. Still risky play, it can be painful if position size is too large.
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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.
Related publications
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.