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zorjak
9. Jan. 2018 07:35

NEM (XEM) is preparing for another leg Long

NEM / BitcoinPoloniex

Beschreibung

NEM (XEM) is in the phase of consolidation.
Triangle is forming and it should be broken in the following of days.
The first target is 13000 sat.
The second target 1600 sat.

Kommentar

BTC is bearish. Possible replacement of XEM to first Fibonacci level, 9300 sat

Kommentar



Triangle update. Wait for a breakout.

Kommentar



Maybe it's time to buy some XEM. It crosses 9-day ema and upper triangle edge. I would wait to break resistance at 11k sat. But the market is still bearish and the breakouts are not so likely.
Kommentare
Jellyfish24
any updates or is too early ? :)
zorjak
@Jellyfish24, I would not enter in this position. Especially now when BTC looks very bearish.
zorjak
@Jellyfish24, I would just stay away from altcoins at the moment
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