NEM / Bitcoin
Updated

NEM about to take a direction - Potential nice long

821
Descending volume and StochRSI signaling it's ready. Price right now holding at 23% retracement + horizontal support and 4h EMA support
We also have a 4h macd crossing bullish and the price is currently sitting at almost 50% retracement of the top.
Moreover NEM is a legit project.
Wait for the breakoug and go long. No option to go short, so if it breaks down we will just have to step out

snapshot
Note
snapshot
It seems the move down was a fakedown to trigger stops.
Now above trendline and triangle broken. I'm waiting for a 4h candle to close above 7714 or a daily to close above the trendline.
Note
We haven't had our confirmation yet, still waiting
snapshot
Order cancelled
Never got in in this trade. Crypto bear market is here so no more chances of easy alts longs.

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