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Predictions and Analysis
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 Please support the setup with your likes, comments and by following on Trading View. 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 temporary...
XEM entry 3387 target 1: 3508 3% scalp target 2: 3634 8% profit target 3: 3798 12% profit Stoploss 3321, reposition at 3222 and set new stop
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 (0.0000390...
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