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New triangle seems to be forming
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NEM, already at $1.5 billion market cap, is still undervalued in my opinion.
Some related news:
https://www.reddit.com/r/nem/comments/6b...
NEM, already at $1.5 billion market cap, is still undervalued in my opinion.
Some related news:
https://www.reddit.com/r/nem/comments/6b...
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Hopefully bounces here.
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I meant to post this instead. Chart still very bullish
@Blood, I would definitely wait for a stronger buy signal.
It just broke below the triangle so there is a strong chance that it will either go sideways for a bit longer or drop until it touches the dotted line (possibly somewhere within the elliptical zone.) The danger is that if it breaks below the dotted line, price will dump hard). I will wait for the price to bounce upwards in a convincing move before I buy some more.
As always, the strongest and safest buy signal is if it breaks it's All time High above 0.000094.
I hope this helps
It just broke below the triangle so there is a strong chance that it will either go sideways for a bit longer or drop until it touches the dotted line (possibly somewhere within the elliptical zone.) The danger is that if it breaks below the dotted line, price will dump hard). I will wait for the price to bounce upwards in a convincing move before I buy some more.
As always, the strongest and safest buy signal is if it breaks it's All time High above 0.000094.
I hope this helps
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