ShawnMCR

XEM - Daily Chart

BINANCE:XEMUSDT   NEM / TetherUS
So this guy broke out!
The Buy Volumes are still there and it looks healthy but the price is now fighting the resistance area.
We might see some consolidation or even corrections on the way which will take the price to the support areas.
If the price crossed all those support areas then this chart will expire.
If you're into opening long positions, wait until the price crosses the resistance and then open your positions after the closure of the first 4H candle.

Current Market Price: $0.1422

Good Luck
Tell me your ideas. Like and Share

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.