Here's an update for NEM on a more short term outlook from my previous chart. I had previously posted a chart which was projecting a massive cup & handle which could take another couple of months to resolve before the big break out. In this chart, I'm looking at the short term future of the next week or two which I believe is overall bullish.
Slight pull pack...
So I'm a holder of Nem and I fully believe this is one of the platforms of the future. Lots of interesting projects in the works and already a few with real world applications which are functioning. The more I get into crypto, the more I realize how many of these coins or tokens may never see light of day, or could be several years down the road. Lots of...
Technical Details on the chart
Fundamentals are well known
you need a close above the red rectangle for buy signal
T1
T2
And T3 are marked as green lines
Let me know which level would be your target
Good luck everyone
0My technicals are lining up very nicely we are 2 legs down as indicated by the arrows.
I heard news today that Japan legalising consumption tax on bitcoin and would be
expecting a rise in trading volume. This news may be our rocket fuel.
Entry price 0.00006633
Exit price Moon
XEM looks like it's got decent support. Don't bet the house. From my youtube video research a while back, xem seems like a solid project. Lot's of upside potential.
After forming a double top pattern, the inevitable fall came and XEM / NEM was forgotten by many, being the fourth most important coin in the ranking of the crypto market.
Following Bulkowski's theory about the Adam & Adam double top pattern, where levels A, B and C are marked, and then take a change in the trend towards a bull market. coinmarketcap.com
We will...
