NEM Hits Support (Decision Point), What Now?
NEM (XEMBTC) just hit MA200 as support. Once this level was conquered as resistance, it can later work as support.
Last time MA200 was conquered prices moved up with good momentum and volume, this is almost always true.
Now that MA200 is in-play again we reach a "decision point"... Here is how it works, keeping it simple:
1) If prices stay above MA200, we go bullish right away.
2) If prices close below this level, we have a retrace and then the next bullish wave.
No matter what happens, we remain bullish long-term.
This is not financial advice.
Namaste.
Last time MA200 was conquered prices moved up with good momentum and volume, this is almost always true.
Now that MA200 is in-play again we reach a "decision point"... Here is how it works, keeping it simple:
1) If prices stay above MA200, we go bullish right away.
2) If prices close below this level, we have a retrace and then the next bullish wave.
No matter what happens, we remain bullish long-term.
This is not financial advice.
Namaste.
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🔥 Get the FULL (4-in-1) PREMIUM PACKAGE 👇
t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
t.me/masteranandatrades/9043
🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
t.me/masteranandatrades/9043
🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.