mvb

Bullish Symmetrical triangle on XEM (NEM)

Long
mvb Updated   
POLONIEX:XEMBTC   NEM / Bitcoin
3
Bullish Pattern for New Economy Movement.

Symmetrical triangle, reaching for new ATH's.

Short term trade:
- Entry: 7629 Satoshi's
- Stop: 6872
- Target: 9967 (Might bounce off 10k / 0.382 Fib)
Comment:
Triangle might have to be changed a bit but I am still positive on this trade. Didnt get stopped out yet and if we take a closer look on this might be a veeery nice rounded bottom.
 
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.