NEM is on my list to add to my position. I was waiting for a deeper retracement - price has met the daily trendline and the Bulls have taken over.
My projections are drawn on the chart.
My projections are drawn on the chart.
Commentaire:
There we have it the retracement that was necessary for the Bulls to take price higher. The long term support was not broken - confirming this coin as Bullish.
Ordre annulé:
This trade plan failed to work. Support (indicated by the blue line) has been retested several times. I will be watching for another test of this level to see if I get a sign to take the trade long.