NEM ($XEM): Triple ZigZag vs. Impulsive Wave-1 with extension
Updated
XEM is difficult to predict now.
I can see a few possible movements:
a) Impulsive Wave-1 with Wave-1
extension = I expect retrace to 1600sats zone.
b) Triple ZigZag Correction = retracement
to 1900sats zone
So, I'm going to wait how XEM manages
re-test of 1900sats zone.
Then the next price movements will be more clear.
Generally, I don't expect that XEM will go lower than 1400sats.
If you like my charts, pls. hit that "like" button, follow me or leave your comments.
Thank you!
I can see a few possible movements:
a) Impulsive Wave-1 with Wave-1
extension = I expect retrace to 1600sats zone.
b) Triple ZigZag Correction = retracement
to 1900sats zone
So, I'm going to wait how XEM manages
re-test of 1900sats zone.
Then the next price movements will be more clear.
Generally, I don't expect that XEM will go lower than 1400sats.
If you like my charts, pls. hit that "like" button, follow me or leave your comments.
Thank you!
Trade closed: target reached
Nicely DONE! XEM hit 1600 zone! Immediately 9% profit.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.