Priceline of NEM / Bitcoin cryptocurrency has formed a bullish butterfly pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. The price action is hitting the strong support at 0.00000477 sats which is not broken since 2016. After hitting the support the MACD turned weak bearish from strong bearish. RSI is already...
Technical analysis: . NEM/BINANCECOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01050 to 0.00930). if so, traders can set orders based on Price...
Technical analysis: . NEM/BINANCECOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Trade Setup: . We opened 9 BUY trade(s) @ 0.01155 (day close price) based on a reversal candle ( Hammer ) at 11.18.2018 Beginning of entry zone (0.01070) Ending of...
Technical analysis: . NEM/BINANCECOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Trade Setup: . We opened 9 BUY trade(s) @ 0.01155 (day close price) based on a reversal candle ( Hammer ) at 11.18.2018 Beginning of entry zone (0.01070) Ending of...