ABC Correction is mostly done and we should make profits soon!
Currently XEM is bouncing significant support zone marked by previous low. Also, near is 1000sat price zone which i consider as a strong psychical support. If you look in more detail to Poloniex Order book, you will find a lot of buy walls slightly above 1000sat. Imo, good sign of new incoming traders.
I guess, XEM going to visit 1060-1000 zone again to re-test this support. I'm going to wait for the results of this test because there is a still chance to go downward, deeply below 1000sat.
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XEM is heading to our buy zone slowly.
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XEM reached support zone.
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Now, I'm waiting for confirmation. It means, all of MA on 1H must be broken. In other words, waiting for close above 1070 sats daily.
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XEM had a nice breaking up green candle today! Currently aprox. 10% profit. The next resistance 1300 sats.
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Let's catch up the next leg up...
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NEM is getting ready for the last leg down to our buy zone! Currently, NEM is developing the Wave-5. Rebound could be quick!