XEMUSDT

By JasonToffTrader
Hi guys as you can see , for XEM we have to use logarithmic mode , because XEM had a lot up and down prices before , so log mode can show us more details. XEM has two parallel channel , the big one is from first time to now and the smaller is for 2021 bullish market that can continue until the bullish market finish , XEM in a few days ago (before BTC down) has broken his down trend , but unfortunately BTC price came down and XEM couldn't finish the job , anyways for now XEM has very good potancial to grow up and for now i can see 1 or 1.20 price for it , this price is showing by 1.618 Fibonacci (very effective point) and it can be the roof of parallel channel and dont forget that XEM could reach 2.4 dollars price in a few years ago and i guess it will happen about 30 to 40 days , if you like my analys please like and fallow
Chart PatternsTechnical IndicatorsTrend Analysisxemanalysisxemnemxemusdxemusdsignalsxemusdtxemusdtsignal

Disclaimer