NEM / Bitcoin
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XEM Long term trade

Hello Friends,

Please find the XEM long-term view.

1) Listed in Binance means more volume.
2) We have made the double bottom around 3000 SATs twice which is a sign of coin reaching the bottom. And a decent bounce of 3000 SATs from 5600 SATs is a good sign that price has reached the bottom.

3) Volume is good.

So my trade is
Buy on the neck line : 3640 SATs

Target 1: 4200 SATs
Target 2: 5600 SATs
Target 3: 10000 SATs (once broken the neckline at 5600, expect a pullback and the price could move to 10000 SATs.)

Sl : 2800 SATs

Risk Reward for this trade, 800 SATs : 6360 SATs , 1: 8
Not
Disclaimer: This is my trade, taking the trade is your in interest and risk.
Not
SL for short term hit,

But the Long-term trade still holds good.
İşlem aktif
Not
XEM is going as expected. Break of neckling at 5500-5800 SATs can take the price to 10000 SATs

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.