Wyckoffan

Time to fill up your XEM pocket, potential uptrend.

Long
BINANCE:XEMBTC   NEM / Bitcoin
BINANCE:XEMBTC

Nearly a year after a clear acumulation range (green background rectangle ), the market generated a uptrend effect that place the value back to the main price range (white background rectangle ).

The asset is currently testing the S/R Reversal level (violette line) second time with certain demand control. That suggest the previous Value Area High (VAH) as a level support agreement.

I would suggest that any approach to that level (S/R Reversal) would be a good opportunitty to fill our XEM pocket.

Cheers :)
Comment: Check that snapshot:

Comments

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