Daily Trade Pick: Nem:BTC

in #cryptocurrency8 years ago (edited)

The price bounces from 0.00009000 support level. RSI confirms price reversal and MACD supports possible upward movement. DMI allows opening long positions. Pending orders for buy can be placed above the high of the previous bullish candle. It’s 0.00010500 level. Stop orders can be placed at 0.00008550 level. The profit target for short term trading is 0.00013500 resistance level. The profit target for long term trading can be 0.00018000 level. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.

Market: XEMBTC
Buy: 0.00010500
Stop: 0.00008550
Profit Targets: 0.00013500 and 0.00018000

As always, don't sell immediately if the profit targets are hit, as there may be more room to go. Just set tight stop losses after the target is reached, so you can ride the potential wave upward without risking much at all (at this point it's all profit you'd be losing if you got stopped out)

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Your post resteemed and upvoted by @yusifm

Like it "As always, don't sell immediately if the profit targets are hit, as there may be more room to go."

Thanks friend, following you :)

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ty original works

This post has received a 1.51 % upvote from @drotto thanks to: @ant884.

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Great information,thanks for share.

NEM (XEM) next boat will go to $ 3.30

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