Hi everyone.
I've been following this coin on it's strong downtrend and I think XEM is going jump.
Right now (4H):
XEM is jumping on 0.786 Fibonacci level,
the price has broken the downtrend line,
MACD shows an uptrend and RSI is reaching 50 on 4H chart.
AND (1D):
RSI is in oversale level,
MACD is close to cross lines on 1D chart, so...I'm awating a big jump on price.
"PLUS"
I read few days ago, something like this: "...a bullish price can be manteined if RSI is over 40 level". Checking 1W chart, RSI is over 40. Does it true?
I'm new on this... I would like know your opinion to make this chart helpful.
I've been following this coin on it's strong downtrend and I think XEM is going jump.
Right now (4H):
XEM is jumping on 0.786 Fibonacci level,
the price has broken the downtrend line,
MACD shows an uptrend and RSI is reaching 50 on 4H chart.
AND (1D):
RSI is in oversale level,
MACD is close to cross lines on 1D chart, so...I'm awating a big jump on price.
"PLUS"
I read few days ago, something like this: "...a bullish price can be manteined if RSI is over 40 level". Checking 1W chart, RSI is over 40. Does it true?
I'm new on this... I would like know your opinion to make this chart helpful.