Delta_Traders
Long

** NEM - XEM/BTC ** Binance - Upside Momentum

BINANCE:XEMBTC   NEM / Bitcoin
XEM has been showing small strength at the 467 -520 range gathering some additional boot from the latest news on the NEM Foundations catapult road map.
There is growing support in the 529 zone with possible large move to the upside in the next days or weeks ahead.

We will watch this coin looking for good entry points with scaled selloff's advisable up to and around the 0.00000950 range.

The OBV index is looking strong with the Squeeze indicator pushing to the upside.

Aug 25
Comment: potential Moving Average (10) 0.00000553 Buy
Simple Moving Average (10) 0.00000553 Buy
Exponential Moving Average (20) 0.00000548 Buy
Simple Moving Average (20) 0.00000547 Buy
Exponential Moving Average (30) 0.00000544 Buy
Simple Moving Average (30) 0.00000542 Buy
Exponential Moving Average (50) 0.00000540 Buy
Simple Moving Average (50) 0.00000536 Buy
Exponential Moving Average (100) 0.00000543 Buy
Simple Moving Average (100) 0.00000525 Buy
Aug 25
Trade active: Slow movement but looks possible to move to the upside from the 4hr window.
Look to take profit on the rise.
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