Selling is exhausted and daily MACD and Stoch RSI are likely to head up in next 3 days. We got the following target points, TP1 and TP2 have good chance of getting hit, TP3 is area to get out to minimize risk. TP1:4250 TP2:4990 TP3:5660
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XEM dumped more than expected, my average entry was around 3300-3600. We are getting so more serious support now and the daily indicators cannot stay indefinitely at the bottom, holding at this level seems more logical then selling the bottom of these signals.
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Target points are still on
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The Double Super trend confirms we have our bottom here. Stoch RSI is also near breaking out of this consolidating triangle.
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I'm giving it a couple of days then we head up.
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NEM looks even more attractive now for buyers looking to buy. All indicators are primed to shoot up! Entry from 3000 to 3800 (+26.7%) should easily hit as primary target, 5000 would be next 7000 is 38.2% retracement.
Thanks mate!