Hello Traders, Hope you are having a fantastic day.
Today in this analysis, I want to talk about XEM. After a sharp correction from 0.60 to 0.30, XEM has been playing on a strong support level ( Purple range )
which has been tested several times as you can see. But what now?
There are 3 good positions for long in my opinion :
1) When it touches the strong...
Almost complete correction has been done and with the divergence seen, the start of 5 ascending waves will begin soon. It is appropriate to buy a step at this point down.
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Priceline of NEM / Bitcoin cryptocurrency has formed a bullish butterfly pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
The price action is hitting the strong support at 0.00000477 sats which is not broken since 2016.
After hitting the support the MACD turned weak bearish from strong bearish.
RSI is already...
