NEM
Long

XEMUSD Trend Analysis

XEM is the #8 on coinmarketcap, recently just passing Monero!
Japan has recently just started to implement this crypto currency.
I see a wedge pattern, with a high probability of a breakout to a new high.
Recently we have been seeing newer highs as the days close by, in my opinion it is just a matter of time before it breaks off into a newer high.
You could go for a quick trade here, or holding for long term reasons might not be a bad thing either.
Candlestick AnalysispriceactionSupport and ResistanceTrend Analysiswedgebreakoutxemusd

Disclaimer