Price is making lower lowers and has closed below the 200 EMA and the conversion line. Ichimoku indicates we have a bearish future. I expect the news of tax reform to cause bulls to push the price up before eventually continuing down and retesting previous support. Entry should be confirmed with a bounce off the 200 EMA. Stop is set above the base line and take...
I made a bit of money off this coin buying on a whim and now I wanted to find a place to re-enter. I still think this coin has a lot of room to run, but I think it's going to take a breather over the weekend. If price hits my forecast, I will reanalyze based on the price action at that time. Worse case, I sit on my money and best case I get a sweet entry.
XEMBTC -0.57% is getting ready to shoot out of the atmosphere. There is so much good news coming up. However, like all diamonds in the rough there is relatively little coverage. No coverage means the general public isn't informed. If they aren't informed, they don't know to buy. Did you know that Coindesk doesn't cover XEMBTC? At the time of this post, there isn't...