NEM (XEM) Breakout Incoming (But Be Careful)
With the market going through a correction (whether a short-term one or a longer-term one, it remains to be seen) and with altcoins generally following the price trend of Bitcoin, you're going to want to enter a trade when you have more solid confirmation that the price is going up or down.
A breakout for NEM seems imminent, but it's not yet clear whether it will be upward or downward. So wait to see that the price rises above 6500 sat before entering this trade. If the price passes 6500 sat, it should move upward, and the profit potential could be 2x (price target at least 12,500 sat).
Vote, comment, and resteem if you'd like me to keep you updated on the latest cryptocurrency buying opportunities. Follow me @jarexx.
Some good news has been spreading about NEM and apps being developed for Thisbe platform. It is a bit of a sleeper coin. A break out would help bring some attention to this coin.
That's good to know. Thanks for sharing!
You are right it is overdue! I mean it seems like a legitimate technology, even if it breaks bearish i'll be happy to enter at the bottom!
Subscribed, please subscribe to me also