In continuation of my previous idea: i have re-bought CHZ at bottom of green box. It's bit risky, because don't know what will be on Monday when CME opens. But lets just watch price action and hope(despite should not be present in trading))).
For now green box on chart acts as support, even after huge BTC drop, seems it remains strong.
Bought Chiliz on spot around support box and waiting for next wave up. Target on chart bit optimistic but it's just potential, not gonna hold 100% till it.
- If weekly closes below "Previous HH Weekly".
- if daily closes below green box.
Feel free to share...
XEM was rejected from 0.19xx, confirming downtrend continuation. Previously we successfully got nice profit from XEM short, rest of it was closed at BE. I was expected that XEM will reach ~.25 area. But it showed weakness earlier(Probably money went to XYM instead? ;-) ).
So actually expecting move downside next days/weeks because of:
1. BTC dominance goes...
Here is possible scenario of XEM price developing.
Aftet XYM airdrop was made, price of XEM dropped almost 91%. Since June it retraced ~190%, but price was strongly rejected at 0.23x.
XEM also slowly but continuously looses positions at coinmarketcup(#72 at time of writing).
NEM puts efforts on its new token "XYM" and further development/support of XEM seems...