Nem is currently trading below the 61.8fib support & 20.50,100,200 DMA's
Next level of support for #nem is around the 88.6fib level i.e 2685 sats.
Cuurently a bullish harmonic pattern is also in development & currently we are in the CD leg.
D point will be a PRZ, where we can expect a price reversal.
If we get price reversal confirmations around 2680-2685 sats region then the pattern will be confirmed with Targets:
T1: 61.8fib of CD leg : 3700-3720 sats
T2: 127.2fib of CD leg : 5100-5150 sats
Next level of support for #nem is around the 88.6fib level i.e 2685 sats.
Cuurently a bullish harmonic pattern is also in development & currently we are in the CD leg.
D point will be a PRZ, where we can expect a price reversal.
If we get price reversal confirmations around 2680-2685 sats region then the pattern will be confirmed with Targets:
T1: 61.8fib of CD leg : 3700-3720 sats
T2: 127.2fib of CD leg : 5100-5150 sats
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