XNEM / Bitcoin
Short
Updated

NEMBTC

500
NEMBTC
After lifting on the wave of news about compensation for losses, NEM drew his head and shoulders. and although the right shoulder turned somewhat flawed, we still began to work out the channel down.
Now we have found new support in 4100 satosh. However, the head and shoulders have not been fully developed yet, if the buyers do not get up, we are likely to continue falling to the next support level of 3900. It is also not very strong.
Do not forget about the stolen coins. According to various sources, attackers could sell about 40% and still very much remain, which can also affect the price, pushing it down.
More attractive levels are 3350-3500.
More risky people can try to win coins now, but personally I'll wait and watch the market for the time being.
You should also remember about the BTC. I think that after its reversal, NEM will resume its growth again and possibly conquer new peaks, but for the time being it's too early to talk about it.

Good luck.
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NEM completely worked his head and shoulders. And thanks to the movement, the BTC fell even below the expected level.
Against the backdrop of news, the BTC has risen and slightly lowered its pressure on the altkoy.
The addition to the large stock exchange also pushed the price up. NEM reacted accordingly, which gave the race more than 20%. Then a correction followed. Now a figure looks like a flag, and with a positive scenario, we can expect further growth.
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Otherwise, we are waiting for a rollback to previous levels, and perhaps even lower.
Good luck to all.

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