XEM bullish divergence Long

Description

⋅ Apr 2, 2019 3:55 PM

XEMBTC is drawing a bullish divergence on weekly timeframe. This is one of my favorite setups in crypto.

There is still some overhead resistance weekly ma20, and trendline but once it breaks there should be fireworks. Planning to add on break.

NEM has been very rewarding for me in the past, see related idea ;D

Also check some fundamentals here: youtube.com/watch?v=5I55YjytMtI

DYOR, high risk, high reward here.

Comment

⋅ Apr 18, 2019 10:22 AM

could not break the ma20 for now, in worst case its drawing a large falling wedge. The sell volume is really weak, I believe that its very close to the bottom.
Still risky play, it can be painful if position size is too large.

Trend Analysis

Comments

cardan6006

⋅ Apr 17, 2019 7:22 PM

down?