Keep it simple!
Looking at XEM on the weekly, we have yet to see a strong hold of support and a higher low play. Because of this I see XEM going lower, and possible testing the buy range (Green box), before the rise can begin. This is an untested range which many alts are following. The 31 Sat's range offers a great risk to reward ratio. From here we can see XEM test the previous support levels which are now resistance. These are the orange boxes. At these levels I would take out around 10-20% of my trade.
Looking at XEM on the weekly, we have yet to see a strong hold of support and a higher low play. Because of this I see XEM going lower, and possible testing the buy range (Green box), before the rise can begin. This is an untested range which many alts are following. The 31 Sat's range offers a great risk to reward ratio. From here we can see XEM test the previous support levels which are now resistance. These are the orange boxes. At these levels I would take out around 10-20% of my trade.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.