Nem (XEM) - Ready to begin new cycle!!!

Nem (XEM) is currently on the accumulation phase of the cycle. This should be a safe(ish) zone to enter the trade. Chart is easy to read, targets are marked in green.

I would probably use a stop loss around 2800s.

Entry: 2900-3300 (the lower the better obviously)
SL: 2600-2800
TP1: 5000
TP2: 6200
TP3: 7400

Not intended as trading advice. Use your own judgment when trading with real money.

Komentarz:

further confirmation