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CryptoDonkie
Nov 27, 2017 8:38 PM

NEM-XEM trading idea setting up for December Long

NEM / US DollarPoloniex

Description

XEM is launching it's 2.0 version at the end of December. In large falling wedge since June on BTC chart! Obviously, the price has seen a reversal in USD based on BTC going banana's. A trend reversal can occur at any moment
( new money flowing into the market ). It has found some support at the current level. Hence I left the entry point broader. My personal opinion we will see a little more down supported by ( DMI, PHOENIX, RSI, STOCH RSI ). In general, we could set ourselves up for a good trade come end 2017- beginning 2018.

Trade active

Trade closed: target reached

All targets reached on bittrex
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