💎Technical Analysis Summary💎 BINANCE: XEMBTC -After the breakdown of its local support area at 940s sat -The price reaches the previous Bull flag before the rally last August 28 -The selling pressure started to move slowly and we can see green candles -If the Bulls can regain small momentum, there is a chance of a retest to 940s sat -Please plan your next trade...
💎Technical Analysis Summary💎 BINANCE: XEMBTC -NEM is trading inside a descending channel which is Bullish -Only good is pattern is broken to the upside confirming the bias -The previous resistance is tested new support last Sep 18 -If NEM will keep respecting this channel, it will likely to retest support -Buying at support is well provided you at a proper cut...
XEM/BTC -NEM confirmed key support at 527 sat range -This level must hold in the coming days of trading -It is important to trade above this area -Also, the 200D MA acted as a dynamic area of support -If everything goes well, the upside potential is up to 756 sat -Bearish scenario, close below 200MA -Will invalidate all Bullish analysis
XEM/BTC -broke the 200D MA and resistance area of confluence -if this candle closes today with a green engulfing -we will likely see more upside action in the coming days -a potential retest around the fib .382 is also possible -the upside target is the .618 mid resistance line -for now, bulls have control of the situation
#XEM/BTC TA Update: #xem bounce from Support 1 and now #trading at 522 Sat. if we will break 580 level then flying and Target would be 50%-100%. stop Loss if candle close below 500 sat then exit and re entry would be 407 sat. but I watching Market closely if any changes I will updates here or Twitterr. so keep an eye on bellow level. Entry: 500-520...
Buy Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
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...