NEM / Bitcoin
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XEMBTC - Bullish Divergence (LONG)

XEMBTC is looking like it is setup for a nice Long position. There is a Bullish Divergence in the RSI that indicates a trend reversal, breaking the current line of resistance would act as a confirmation of this reversal. CCI is also pointing towards zero and may soon indicate this reversal as well. MACD indicating support for this.

As always use a trailing stop-loss to lock in profits!

Bitcoin (Cryptocurrency)bittrexBTCChart PatternsTechnical IndicatorsTrend AnalysisXEMXEMBTC

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