ormin79

Bullish bat 2 XEMBTC

Long
ormin79 Updated   
POLONIEX:XEMBTC   NEM / Bitcoin
7
Another one bat, better shaped and more harmonic, seek more longs when double bottom on "D" will be formed, or wave "CD" will be much deeper (around 0.00007) with divergence on CCI or RSI and AD indicators. More risk approach is to seek longs now on correction of small wave, that comes from "D".
Comment:
ok double bottom probably formed, Bitcoin goes to correction, so in maximum one week NEM should skyrocket;)
Comment:
As I see steady accumulation (so say AD on many time periods charts) first profit target should be around 0.0001, second 0.000115, third 0.00014 and fourth on the Moon;) when 0.00014 will be broken.
Comment:
This bat is invalidated (cant even go to 0.0001), let's see whee and where this flash crash in Altcion market ends. But remember people - Best is buy when the blood is on the street;)
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