n_source

XEMBTC start of greater bull rally till years end

Long
n_source Updated   
BINANCE:XEMBTC   None
XEMBTC has broken out of both a cup and handle and uptrend channel. PT's are 650 and 780 sats, however I can see these being crossed as fundamentals for the protocol are very strong and lots of important dates in timeline are coming up:
- 24 Aug: Confirm optin date
- 7 Sep: Optin Opens
- 15 Sep: Testnet launch
- 3-16 Dec: Snapshot range

Holders during snapshot get 1:1 XYM (token for new blockchain upgrade). NEM will be fully decentralized public chain whilst Symbol will be hybrid. I don't think these news has fully priced in yet either, so all in all very bullish on XEM till at least years end.
Comment:
First PT met, some profit taken.
Still bullish and waiting for next PT

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