DLavrov
Long

NEM Bullish Divergence

POLONIEX:XEMBTC   NEM / Bitcoin
The trading idea is based on a bullish divergence which gives us a trend reversal signal. The price is going to bounce from the support level . We can use the previous high for placing pending orders for buy. Entry level is 0.00002600 with stop at 0.00002100 level. Profit targets are 0.00003300 and 0.00005000 resistance levels. The part of trade volume can be left for long run. This market will allow to increase BTC             value, if the market moves upward.
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"This market will allow to increase BTC value, if the market moves upward."

can anyone explain me this line?
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Can see again? Thank you!
+1 Reply
thank you for the great analysis
+1 Reply
Thank you for the good analysis!
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sell AT 3000 sat
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target 5000 satoshi
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It could be time. The professionals have been doing well selling into strength and capping any rallies, but momentum has slowed as the RSI shows. Bitcoin looking slightly tired (though I'm cautious to even suggest that haha), so we could see buying coming into NEM now
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I am trading on Bittrex, is it worth to buy with the same signal ?
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kruise1982 ka3boss
@ka3boss, I would personally say yes, I am doing so actually
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