Technical analysis:
. NEM/BITCOIN 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 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000054 to 0.0000038). if so, traders can set orders based on Price...
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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Thanks
Adil Khan
Technical analysis:
. 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 .
Trading suggestion:
. There is a possibility of...
Technical analysis:
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.
Trading suggestion:
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...
