MisterCatt

NEM/BTC which way to go??

MisterCatt 已更新   
POLONIEX:XEMBTC   NEM / Bitcoin
NEM/BTC have a different story between looking at 4 Hour chart vs 1 Day chart..
this the chart i mention is 4 hour that still undecided which way to go.
because it's still no buyer volume to maintain the bullish movement. yet.

While i check 1 day chart :
- there's still a movement toward downside as MACD is ready to consolidated with buyer/seller line
- Stochastic RSI cleary pointing down. meaning momentum to downward/suppress the price is still continue.
- RSI is wandering around in neutral zone which is 40 -60 (the value number is 56 by the time i write) and pointing down ready to test 40 value number of RSI
- volume level is decreasing indicated some major move will be included..


i remain neutral as this coin just plunge and drop to 97% from it's all time high, According to messari.io/onchainfx
but it's a good coin to get a good precentage of profit and still a good time to accumulate at this level..
beside, we never know how crypto market would react.. lol...

評論:
if there's any feed back please leave a comment as i still learning..
交易進行:
i already accumulate around 1240 satoshi and as planned it tried to test the resistance.. ready to resell and rebuy if the price not able to sustain around resistance.
手動結束交易:
just close around 1250 once the price goes crazy once the btc price goes upward..
ready to rebuy again.
交易進行:
sorry been a long update about this.. i already got in 1220 once but i sold some around 1240 sat now (25%).. i still have 75% stack of xem ready to long from there.. and let's see what happen
手動結束交易:
Just sold all stack at 1360 sat..(i know it's risky move for 8 - 10 % gain ) because RSI and stochastic rsi is already in high level and i doubt it will sustain the upward movement + XEM/btc reaching the major hard resistance + the correlation between btc price is already guessed (btc goes up + some alt goes down), also with a delicate volume, it's hard to hold my stack.. and and ready to rebuy around 1300 sat or below for a long term..
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