Topic: Technical analysis of NEM (Read 160 times)
That’s amazing! I was waiting for the growth of NEM, but I was sure it will happen not earlier than in spring of 2018. Such a high jump!
Yesterday's hero, I fully agree with you. I bought it in the spring and left it for a long time. But I think if there will not be any new good news then there will be no new heights. In any case, I consider it a very promising currency and will be kept for a very long time!
Yesterday's hero NEM, quickly returned to the top 10 largest cryptocurrencies. Taking 7th place (at the moment of the analysis it was already 8th), soaring four times at record trading volumes.
Crossing the moving averages on the weekly chart gives a buy signal:
https://www.tradingview.com/x/jR3Q1zlL/
The graphically good point for opening a long position now is $ 0.50 (the middle of yesterday's daylight candle and if you postpone yesterday's top "tail" down from the closing point, then it turns out to 0.45)
On the weekly chart, the visible support area is $ 0.30-0.35
In case of overcoming $ 0.85, the first visible target of growth is $ 1.20
Recommendation Buy.
#icex #bitcoin #Cryptocurrency #nvestment #exchange #analysis
Crossing the moving averages on the weekly chart gives a buy signal:
https://www.tradingview.com/x/jR3Q1zlL/
The graphically good point for opening a long position now is $ 0.50 (the middle of yesterday's daylight candle and if you postpone yesterday's top "tail" down from the closing point, then it turns out to 0.45)
On the weekly chart, the visible support area is $ 0.30-0.35
In case of overcoming $ 0.85, the first visible target of growth is $ 1.20
Recommendation Buy.
#icex #bitcoin #Cryptocurrency #nvestment #exchange #analysis
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