ormin79

Corrective moves on XEM are still in play

POLONIEX:XEMBTC   NEM / Bitcoin
186 0 6
Ok, today i'am neutral, I hold logterm position in XEM             , but i'am not searching in this waves counting new positions, as I see still correction potentian, even if we see move to 0.00012-0.00014 area. From that area (if it holds price pump) I expect to see another corrective wave down (but not so deep as that from 0.00014 to 0.00006 maybe circa 4000-5000satoshi. And from that point of view should be more reliable entry point than now, to accumulate more long positions. After we brake 0.00014 I will be more bullish ;)
Komen: European session, and we are fading here down, as always:)
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