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Title: XEMBTC Trading Opportunity, Falling Wedge! Post by: xatic on November 10, 2017, 11:29:01 PM XEMBTC Looks very close to fibonacci level 0, also known as the retracement back to “start”. This is a safe zone. We can see a falling wedge, a very popular trend reversal pattern. A breakout to the upside would signal bullish movement. XEMBTC has been downtrending for a few months, and looks like it has been wanting to breakout, by the upper-dominant activity in the right-most side of the wedge. The last swing high is sitting up at around 7000 sats, so we have a good amount of room for upwards movement if we breakout and can hold above the wedge for a short period. The targets are resistance and corresponding Fibonacci levels, or the colored lines. You can check out the trade here: http://thecryptolabs.com/index.php/2017/11/09/trade-xembtc/ Title: Re: XEMBTC Trading Opportunity, Falling Wedge! Post by: CryptoGoddess on November 18, 2017, 03:03:47 AM It's about time XEM has a break out. For what they bring to the table I find the price of the coin is very low although their circulating/total supply may be the biggest contributing factor. Kudos to the XEM team, they have been making their investors proud with the progress that has been made thus far.
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