Hi All,
NEM has been rejected and trying to hold just below resistance. It is forming rising wedge plus low volume that idicates bearish setup.
Most likely we can expect a drop to $0.35 level, or lower - $0.31.
SL: $0,29
It's not a financial advice
Take care!
XML had been increasing for a long time. Now, it's time for retracement at around 1600sat.
Pullback to 1800sat before drop possible. TA invalid if XML close above 1800sat daily and the price increasing will continue.
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