icexch

NEM turned and confidently grows. Buy.

Panjang
Nem exited the drift, which we wrote about in the last review and started a confident growth.

The drawn reversal pattern on the daily chart, the buy signal from MAcross and the slow moving average moving upwards - all factors speak of the change of the medium-term trend to growth.

From the minimums, the rate has grown by 100%. However, even technically, within the framework of correction, it can grow by + 100%. If it is a new big wave of growth, or at least an attempt, the goals are much higher.

It is not very clear where to put stops on long positions to protect against false triggering and, at the same time, limit losses in case of an unsuccessful entry.

Short-term stop now appears under $ 0.30. Medium-term and long-term only under $ 0.2.


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