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Tracking_Technicals
Feb 14, 2024 9:24 PM

XEM Starting to breakout Ascending Triangle Long

NEM / TetherKuCoin

Description

The ADX Has Bottomed out showing we're soon to start rising and find strength in the upcoming Trend as well as currently Oscillators are traditionally performing better.
The MACD has recently signaled a buy and we're cruising above the signal line.
We're forming an ascending triangle with the price target taking us close to the next fib line more importantly running that 50 period moving average to form a golden cross more than likely forming a new more volatile uptrend!
Watch XEM Y'all
Fib Ranges have it running between 100-400%
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