XEM - up to 1200% PPT! Long term trade.

Updated
XEM (NEM) is one of the oldest and solid project in the crypto space. Recent news about funding can be described with one word: "FUD".
For me it's great opportunity to buy.
XEM is going to release Catapult later this year with 4000 TPS.
This project has one more great advantage - 0% inflation rate.

TA details:

Bullish divergence on weekly chart;
Oversold RSI;
Falling wedge on weekly;
It's landing on 3 year support (around 1100 sats);

Trade carefully and do your own research.
Good luck!
Note
Today price touched 3 year support line. Let's see where it's going to go next, either way it's a good time buy. Risk to reward ratio is quite good.
Chart PatternsTechnical IndicatorsNEMnembtcTrend AnalysisXEMXEMBTCxemusd

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