QuantumTech
Long

XEM/USD waiting for a bullish bounce

POLONIEX:XEMUSD   NEM / US Dollar (calculated by TradingView)
We can see, that the price has made a break above the indicated support line. In most of the cases that we see, the price usually goes above the support line, and then makes a bearish correction back to the line, that is now acting as a support. Then we usually see a bullish bounce. That is exactly what we are expecting here. A small bearish retracement to the indicated support line, then a bullish bounce from the line.

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