FieryTrading

🔥 XEM Channel Reversal Trade

Long
BINANCE:XEMUSDT   NEM / TetherUS
In my previous XEM analysis I predicted that XEM would soon reverse from the bearish channel's support. After seeing one more dip, it appears that XEM is now indeed reversing.

This reversal is not caused by positive news on XEM, but by the fact that BTC is showing strong bullish price action lately.

Happy trading!

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