Long
XEM/USDT Risky Long
Bare in mind this is a risky trade as NEM has been copping quite a bit of flak recently.
Apart from that, its actually looking like quite a good trade. Currently sitting on a very long uptrend.
Also sitting nicely on support, with hard support not to far down below. Starting to see a restricting pattern of price action.
Hoping to see a bounce to previous highs which will be roughly a 10-20% trade.
Apart from that, its actually looking like quite a good trade. Currently sitting on a very long uptrend.
Also sitting nicely on support, with hard support not to far down below. Starting to see a restricting pattern of price action.
Hoping to see a bounce to previous highs which will be roughly a 10-20% trade.
Trade active
First take profit of 5% has been hit, still in the trade and will continue to follow.Trade closed: stop reached
Stopped out after taking out first profit, due to the market completely crapping its pants and most assets dropping 5-15%. Goes to show why stops are so important, we came out the slightest bit on top still.
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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.