joe2411

XEMUSD XEMBTC Unning flat within wedge down to $0.10c?

Short
XEMUSD looks like its creating a falling wedge/ABCD move donwards as well as many of the coins. Typically we can see a spike through the bottom wedge line before the run up. We may have some more upside if this doent go down to the $0.10c level now however as per the chart we should see the $0.10c mark at some stage soon. The pattern is incomplete at this stage and if we measure the ABCD move it also matches down to the $0.10c level also removing all the gains since Sept last year. Great buying opp at the $0.10 level
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.