Long
XEM (NEM) formed big bullish Shark for upto 300% move
Hi dear friends, hope you are well and welcome to the new update on XEM (NEM).
On the monthly time frame chart, the price action of XEM with BTC pair, has formed a big bullish Shark
Buying and sell targets:
Buy between: 0.00000521 to 0.00000251 btc
Sell between: 0.00000833 to 0.00001448 btc
Stop loss:
We have a very strong support at 0.00000350 btc, therefore we can use this level as our stop loss rather to use the maximum extent of the buyig zone at 0.00000251 btc.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 300% and a loss possibility is 33%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
On the monthly time frame chart, the price action of XEM with BTC pair, has formed a big bullish Shark
Buying and sell targets:
Buy between: 0.00000521 to 0.00000251 btc
Sell between: 0.00000833 to 0.00001448 btc
Stop loss:
We have a very strong support at 0.00000350 btc, therefore we can use this level as our stop loss rather to use the maximum extent of the buyig zone at 0.00000251 btc.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 300% and a loss possibility is 33%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.