Where to accumulate XEMs before his trip tu da Mun? 20% of planned investition to buy @25cents, 30%@20cents, and 50%@ 15cents. Whales will be in this market circumctances hunting, so why not to hunt with whales?
Observe that situation. If You like gamble, play with exchange. I post it for fun not as analysis.
NEM Long Risk Reward: 4.86: 1 Current 0.29553 02Sept17
As You can see this formation is in play on this pair. So accumulation on retraces with target 50cents+ is now not bad idea.
My latest counting for XEMUSD and XEMJPY, must be corrected, according to principles of Elliots Waves Theory. I know that many say, that it not works in crypto or forex or even elswere. For me this theory works, but is very hard to implement in daily trading, and deliver too many possibilities of counting, that often lead to losses on market. But i try to publish...