NEM BROKE THE Parallel channel indicating the end of its sideward movement after a huge downfall. Broke it's earlier downtrend and is gaining momentum. Chances are it'll break it's all time high .
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.31). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NEMUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.25870). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XEMUSDT is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Technical analysis: . NEM/US Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 85. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0575 to 0.0455). if so, traders can set orders based on Price Action...
Technical analysis: . NEM/Dollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to...
A trading opportunity to buy in XEMUSD Technical analysis: . NEM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. . The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased. Trading suggestion: ...
Technical analysis: .NEM/DOLLAR is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 41. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.298 to 0.195). if so, traders can set orders based on...