Being one of the top 10 currencies in the market cap ranking, NEM /XEM: slow, gradual and progressive is showing a bullish trend, rising 70% in 6 days.From 2862 to 4795
Now after forming a double top pattern is very likely to perform a retracement, ideal to become super long in this crypto that did not show even a small part of its power.
A TAKE INTO ACCOUNT THAT...
Strongly beaten by the BTC rally, NEM suffered an unstoppable crash.
On my previous chart I saw a possible change in the trend, but the BTC continued to mark annual highs.
Today timidly this currency is having signs of recovery and especially of mobility.
Technically very slow, but movements at last.
We will see how it continues evolving
Thanks for your time and follow!
I honestly can not believe that the tenth coin with the largest market capitalization suffers this free fall forming a new minimum.
With a triangle I pointed out so they can see how NEM is affected by the BTC rally.
However I see a small light behind the bridge, something like a change of trend. Neither does he need strength and cross the kumos ahead of him.
Let's...
What do you see?
Please, help me to understand where NEM are going.
Thanks to everybody!
NEM NUMBERS
386 Nodos online
875095 Altura de bloque
$30.79m Capitalización de mercado (USD)
0.6.82 Última versión de NIS
nemflash.com
I think this its a good oportunity to enter here and hold until wave 3 of 3 completition 0.000073.
XEM has a good potential in the asia market and all the world also, its better than Etherum and Lisk togheter.
Final target of big wave 3 0.00011742
Regards!
As the Triple Bottom Reversal develops, it can start to resemble a number of patterns. Before the third low forms, the pattern may look like a Double Bottom Reversal. Three equal lows can also be found in a descending triangle or rectangle. Of these patterns mentioned, only the descending triangle has bearish overtones; the others are neutral until a breakout...
