NEM / Bitcoin
Long
Updated

XEMBTC is going to break the triangle

401
XEM follows a downward trend, but it forms the possibility of a double bottom which is confirmed by EMA levels. This gives the opportunity of further growth. The price has reached a corrective rollback of about 80%, and the level of Fib 0.786 is often reversal. XEM has a good chance of impulsively breaking through the local resistance and breaking the triangle upward achieving the goals that are in the signal.
Note
Our short term signal reached 1st target on 18th of July

Profit: 4%
Duration: 7 days

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