Hello, i'll be posting my trades from now on, here in steem it.
Well, as many of you guys know, NEM is one... if not.. the best cryptocurrency IMO.
I calculated NEM was going to bounce at 61.8% fibo retracement line. As you guys see in this image screenshot
There was also STRONG price action support
So we had double support, fibo 61.8% support and price action support
And of course, NEM bounced exactly at 61.8% (12 cents) all the way to 20 cents.
Very good trade. With the kind of technology NEM offers, i don't think XEM will ever be bellow 12 cents. So it was a must buy at 12 cents.
Happy trading.
I'm also a long term holder so i'm just accumulating as much NEM as i can.