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CryptoPAMM
Jan 22, 2018 10:39 PM

NEM Coin Waves Long

NEM / US DollarPoloniex

Description

Nem coin still trading upwards, where each wave is getting larger. XEM/USD reached an all-time high when it hit $2 resistance. It corrected back, down to the support at $0.67, which previous also acted as a resistance.,

Price rejected the support and the 4/1 Gann Fan trendline and perhaps now is the time for yet another wave up, that should be bigger than the previous two. The Fibonacci applied to the previous two corrective waves down show that the strong resistance is based at $3.6, which should be considered as the next upside target.

Comment

Nem at the support

Comment

Still expecting the uptrend anytime now
Comments
Joker7
thank you bro
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