XEM seems bearisch after hiting the top twice
Updated
Double top could be a possible reversal of the upgoing trend. A significant slow down at least.
We are closing the rest of our long position for now locking ourself in a decent profit.
At the current market situation there could be a nice re-entry point reached soon. Still there is a possibility of staying in the channel.
Good luck and peace!
We are closing the rest of our long position for now locking ourself in a decent profit.
At the current market situation there could be a nice re-entry point reached soon. Still there is a possibility of staying in the channel.
Good luck and peace!
Note
Ok guys, we can see that XEM made him way up in an ascending triangle so far. We could cut loses now and wait near the trend line to enter the market before the possible break up. Good luck and peace!
Note
Guys, see my other chart on Nem. A suggestions there where to place buy orders.
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