ej_05

$XEMBTC, Bittrex- How does it look?

BITTREX:XEMBTC   NEM / Bitcoin
136 0 3
Keypoints:

1.Price breaks below the descending triangle

2.Touch the blue line support which signifies a trend line

3.If it follows the blue trendline it is expected to touch the blue resistance;

4. If the support at 7401 price will become the resistance and will reject it, $XEM is expected to touch the next support at 2 fib. (Red Line)

Please comment if I put the anything wrong or needs any improvement. I'll gladly accept and consider it. Thank you.

(this is not a financial advice, trade at your own risk)
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