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

This topic contains 1 reply, has 2 voices, and was last updated by margincall margincall 1 year, 2 months ago.

  • Creator
    Topic
  • #1647
    CheesePuff
    CheesePuff
    Moderator

    This is the thread for analysis on the Nem markets in the month of March 2018.

Viewing 1 replies (of 1 total)
  • Author
    Replies
  • #1709
    margincall
    margincall
    Keymaster

    Taking a quick look at how NEM is holding up against Bitcoin.

    XEMBTC forecast 11 March 2018
    As we can see XEM is still in a bearish trend versus Bitcoin, however this is the kind of chart setup some high risk crypto traders like.

    We can see the momentum is picking up in favour of the bulls and PPO has just turned positive.

    Short term support is at 3000 sat.

    Resistance is around 4000 sat.

    I expect more gains should we consolidate above 4000 sat on the short term.

Viewing 1 replies (of 1 total)

You must be logged in to reply to this topic.