TristanWallace
Panjang

NEM/XEM - Just broke 1usd resistance and fib level 1 vs BTC

BITTREX:XEMBTC   NEM / Bitcoin
Hi Team

Just got in a small position on NEM             . We a little late to the party on this one, but it's still historically relatively cheap

For anyone that missed the bottom this could be solid.

Nothing overly complex, just cheap compared to long term btc             comparison and is running.

Also NEM             just got some suspect news (talk about good timing on twitter) as it hung in the balance on fib level one lol

I like NEM             long term this is a small play in to make sure I have a bag.
Hope to see some retracement, not sure if it's coming tho!
Balas
TristanWallace SuperBowlDave
@SuperBowlDave, What are you basing that off mate? It looks ready to break out to me, especially when considering it looked to have positive news on twitter. I mean RSI is oversold, but I'm not too worried about it.


My biggest concern is that BTC dominance is down to 43% if the market gets bullish on BTC again alts will bleed.
Balas
bimarshsharma101 TristanWallace
@TristanWallace, What do you mean by alts will bleed? Will they go up or down? I belive this is the best time to get in the market, for alts.
Balas
TristanWallace bimarshsharma101
@bimarshsharma101, honestly if you believe in the market yeah getting in now is the way to go. I'm waiting for some money to clear.

Check market domination graph on coinmarketcap.com.
Balas
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