Double bottom?

Jan 31, 2019

Are we going to bounce off the bottom again?

Oversold, stoch rock bottom.
Volume low, but increasing as we test this key structure.

Jan 31, 2019

Note

If we fall through this bottom, I wonder if we don't repeat the previous capitulation candle from Dec 2017 as low as 850 or so.

* Good chance if BTC drops further.
* Or absolutely no fundamental news.

But volume on the big time frame has really dried up; should be good for a big move anytime.

Feb 1, 2019

Note

Fundamentals for NEM are very weak; re-organization, layoffs, and brink of bankruptcy.

I think this will go down to 850 sats or so. I'll make a new graph to show.

Feb 1, 2019

Trade closed: stop reached