It seems Nem/Usdt @ 2h time made H&S and need to test resistance level.
Some indicators showed positive environment to get buy .
I bought it but you can wait after break it up to buy it. It's depend to you!
Good luck
Buy
tp@ 0.1576
sl@ 0.1344
Priceline of NEM / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
But Volume profile of complete pattern is showing that traders are still interested to trade below the PRZ area and MACD is still bearish moreover the Stochastic is oversold but did not give bull cross sofar, so for secure...
It seems this could be its first awakening after a long long sleep..
Almost all alts already did some nice movements or still working on that right now.
Whilst the NEM is that one from plenty of them without substantial move, up until now.
There is scheduled conference Money 20/20 in six days. It's like enough we could hear about some good news.
But what about TA...
XEM has been in a clear down trend since the high at $2 and we are still getting rejected by the MA, keeping me bearish at this stage.
We have good buying pressure from 0.80c and I would expect strong support at 0.90c.
Buyers looking to speculate on the market longer term could do well to stack some orders inbetween 0.70c and $1.
Current resistance is between...
