NEM BTC Analysis
XEMBTC situated into falling wedge and probably can touch top of this channel which is 2293 sats and after will make a breakdown(correction) after 42-57.52% gains
We have a bear cross at stochastic
MACD need a down correction but to remain bullish they need to stay above neutral zone -0-
RSI bullish , near overbought zone
Or from here 2051 sats or between 2051-2293 sats will going down to make this correction.
FIB supports are: 0.618 1963 sats , 0.50 1861 sats and 0.382 1759 sats which is also a support from ichimoku cloud . I m solded XEM at 2102,i hope Will make this correction 🙂
I m waiting for re-entry 🙂 long term it s very very bullish