NEM is fundamentally at a weak point (coindesk.com/nem-foundation-layoffs-xem-crypto)
We also failed to 'double bottom' from the recent low at 1250.
That in addition to Bitcoin having no firm base in place right now; means this is all very uncertain/bearish.
The next stop down, is from the long term weekly chart, to the previous capitulation candle/wick at 850-900 or so.
"The full launch of the platform’s native engine software, called Catapult, is scheduled for later this year" -- As soon as this is either released or expected to be released imminently, this coin should go vertical again. So there's likely a lot of money to be made with this coin but wait for a substantial discount before you on-board.
We also failed to 'double bottom' from the recent low at 1250.
That in addition to Bitcoin having no firm base in place right now; means this is all very uncertain/bearish.
The next stop down, is from the long term weekly chart, to the previous capitulation candle/wick at 850-900 or so.
"The full launch of the platform’s native engine software, called Catapult, is scheduled for later this year" -- As soon as this is either released or expected to be released imminently, this coin should go vertical again. So there's likely a lot of money to be made with this coin but wait for a substantial discount before you on-board.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.