NEN (XEM) Downward wedge. Which can become a reversal pattern of a downtrend. Everything is on the chart. First goal + 70%. Potential + 300% But also as an option, the price may simply not go further down, but just flat in the same price range with little volatility. For example, this happened with GTO, ZIL. Have a look at related trading ideas. There the price is clamped - there is a set of positions at certain prices acceptable to a large player. Inside the day, they trade well in a glass without risk, for a major player.
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Just noticed a mistake in the name of the coin instead of NEM, I wrote NEN
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+23%
Trade stängt: målet nått
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1 target taken from the purchase area + 63%
Trade stängt: målet nått
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Zone 2 target achieved. From the purchase area: 1) + 82% 2) one movement is missed as the entry point has not been reached. 3) + 46% 4) + 116% The trend is developing.
@just5, Thanks for the information. They released the news, I think they will spread it among the community, but there is no exact date for the hard fork.
SpartaBTC
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@just5, And this mythical Catapult is no longer interesting to anyone, as a constant deception. Back in the spring of 2017, I remember they should be introducing a product. And after 2017, on each pumping, coins were “issued” by Catapult))) Which was not. I think this time is no exception. Cheating. But positive market movement can create.
OPMesto789
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So do you think that this will be correlated with other coins such as BAT which also appears to be in a similar situation or exclusively to NEM? And do you think that the Bakkt decision on September 23rd will affect NEM potential upwards movements? Thank you
SpartaBTC
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@OPMesto789, Violas tend to grow together. It may be that it will come out of the wedge and for some time simply move in a lateral movement without showing significant growth. For example, like BTT