Crypto Screener Forums Nem (XEM) Forcast – Technical Analysis Nem (XEM) Technical Analysis – January 2018

This topic contains 1 reply, has 1 voice, and was last updated by margincall margincall 1 year, 5 months ago.

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  • #1391
    margincall
    margincall
    Keymaster

    This is the thread for analysis on the NEM markets in the month of January 2018.
     

     

     

     

     

     

     



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  • #1392
    margincall
    margincall
    Keymaster

    Lets take a quick look at NEM to see what the market has been up to.

    XEM Forecast Jan 2018
    XEM has been in a clear down trend since the high at $2 and we are still getting rejected by the MA, keeping me bearish at this stage.

    We have good buying pressure from 0.80c and I would expect strong support at 0.90c.

    Buyers looking to speculate on the market longer term could do well to stack some orders inbetween 0.70c and $1.

    Current restance is between $1.2 and $1.3 and we could see a nice little run if the bulls can push the prices past those levels.

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