Skyrex

XEMBTC is going to break the triangle

Long
Skyrex Updated   
POLONIEX:XEMBTC   NEM / Bitcoin
XEM follows a downward trend, but it forms the possibility of a double bottom which is confirmed by EMA levels. This gives the opportunity of further growth. The price has reached a corrective rollback of about 80%, and the level of Fib 0.786 is often reversal. XEM has a good chance of impulsively breaking through the local resistance and breaking the triangle upward achieving the goals that are in the signal.
Comment:
Our short term signal reached 1st target on 18th of July

Profit: 4%
Duration: 7 days

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