AlanSantana

NEM (XEMBTC) Prints Bullish Divergence (90% PP)

Long
AlanSantana Updated   
BINANCE:XEMBTC   None
NEM Had a strong crash recently and its price dropped hard. I've been getting messages asking me to take a look at it... Here I AM.

We have several signals that are pointing to XEMBTC finding support, with the strongest one being the bullish divergence marked on the MACD and chart (red line).

Additional signals bullish:

  • XEMBTC is trading near the lower band of the Bollinger Bands.
  • RSI is massively oversold.
  • Good volume building up (check the 4H time frame).
  • Targets and stop loss can be seen on the chart.

Conditions for change: A break and close below 0.00000997 would invalidate the above signals.

Thanks a lot for reading.

Namaste.
Comment:
Going exactly as planned (charted).

Expect good profits to come from XEMBTC in the near future.
Trade active:
Some targets (more on the chart above)
+17% profits so far, more to come...

TARGETS:

(1) 0.00001580
(2) 0.00001850
(3) 0.00002160
(4) 0.00002430

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