You can see that the XEMBTC has broken the falling wedge pattern
and moving in Sideway, there is 2 Resistance Level and support level
1: Resistance Level 1779
2: Resistance Level 2080
1: Support Level 1300
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. NEM/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
. There is a possibility of temporary...
NEM/BITCOIN is in a range bound and the beginning of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 41.
The price is in a range bound, but we forecast the uptrend would begin.
There is a possibility of temporary retracement to suggested support zone (0.0000390...