Nem (XEM) is a good Long opportunity
The lowest blue Line should act as worst case bullish-support where everything above is a good buy (depends on market where the lowest dip will be) .
As the market only got hits by lates Bitcoin ATH we saw incredible lows on the altcoin market which all could correct up a bit .
I have choosen New Economy movement because i watched the hole hype with japan adopting it as second biggest cryptocurrency but never bough a single coin.
Now i think we reached a Point, where we could relatively safe get in for some short term profits and the goal to hold some 'free coins' over the next years.
I used my usual indicators as well as the Ethereum price to use it as main 'altcoin index' .
Happy trading, Cheers
Max
As the market only got hits by lates Bitcoin ATH we saw incredible lows on the altcoin market which all could correct up a bit .
I have choosen New Economy movement because i watched the hole hype with japan adopting it as second biggest cryptocurrency but never bough a single coin.
Now i think we reached a Point, where we could relatively safe get in for some short term profits and the goal to hold some 'free coins' over the next years.
I used my usual indicators as well as the Ethereum price to use it as main 'altcoin index' .
Happy trading, Cheers
Max
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