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Astral_Trader
Nov 13, 2017 12:41 PM

XEMBTC - Bullish Divergence (LONG) Long

NEM / BitcoinPoloniex

Description

XEMBTC is looking like it is setup for a nice Long position. There is a Bullish Divergence in the RSI that indicates a trend reversal, breaking the current line of resistance would act as a confirmation of this reversal. CCI is also pointing towards zero and may soon indicate this reversal as well. MACD indicating support for this.

As always use a trailing stop-loss to lock in profits!

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