NEN (XEM) Downward wedge. First profit + 70%. Potential + 300%
Updated
NEN (XEM) Downward wedge. Which can become a reversal pattern of a downtrend. Everything is on the chart. First goal + 70%. Potential + 300% But also as an option, the price may simply not go further down, but just flat in the same price range with little volatility. For example, this happened with GTO, ZIL. Have a look at related trading ideas. There the price is clamped - there is a set of positions at certain prices acceptable to a large player. Inside the day, they trade well in a glass without risk, for a major player.
Comment
Just noticed a mistake in the name of the coin instead of NEM, I wrote NENComment
Trade closed: target reached
1 target taken from the purchase area + 63%
Trade closed: target reached
From the purchase area:
1) + 82%
2) one movement is missed as the entry point has not been reached.
3) + 46%
4) + 116%
The trend is developing.
Trade closed: target reached
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