Good buy opportunity: XEM
Been watching this coin for a while now and when I saw the price going insanely down had to put an alarm at these levels:
As you can see, there is a nice long-term support here but I think it might be not good enough for that nice 700% profits, we are still are in a bear market so I see XEM pumping with a good candle and going into the next support at 0.00001300 ish. I’ve seen a great buy volume coming and the price hasn’t increase at all, as you can see:
This means accumulation, so i’m expecting some type of pump coming up in the next couple of days, but as I said earlier, this is the bear market so the move here would be to buy and sell in that pump and get out, Remember guys, always secure profits as we go up by selling a % and moving your SL .
Buy: 0.00001678 ; SL: 0.00001572
Target 1: 0.00001749; Target 2: 0.00001799; Target 3: 0.00001839
Hey guys MM here with another quick analysis,
Was just looking at some alts that have been heavily dipping since their ATH(all time high), and noticed how one of the big market caps NEM may be looking ready for a small reversal where we could get some gains, the 1D chart seems to be getting exhausted on volume, and we just had a capitulation wick of more than 3%, topped with this there’s a huge Bullish Divergence on the same time frame, i’m gonna keep looking at things and see how they develop and update the post with optimal entries.
Keep an eye on this one boys.