XEM ANALYSIS:
XEM is another alt that has taken off in a very bullish manner. XEM has reclaimed the 200MA and held it with volume to back the pump. There is no current decrease in volume and buyers are still pushing! I expect a rise to T1 at 640 sats. This is a very small resistance and I expect this to be broken quickly. The main target is T2 at 740 sats. This is within the daily block and buyers should pull back a bit from here. I recommend closing position by T2 and wait to see how market reacts upon entering this zone.
Possible Entires: 530-580 sats
XEM is another alt that has taken off in a very bullish manner. XEM has reclaimed the 200MA and held it with volume to back the pump. There is no current decrease in volume and buyers are still pushing! I expect a rise to T1 at 640 sats. This is a very small resistance and I expect this to be broken quickly. The main target is T2 at 740 sats. This is within the daily block and buyers should pull back a bit from here. I recommend closing position by T2 and wait to see how market reacts upon entering this zone.
Possible Entires: 530-580 sats