I was checked XEM history a bit. In this picture we see the first accumulation phase beetwen 8 feb 2016-30 may 2016 and after we can see a nice pump
Second accumulation phase was beetwen 7 sept 2016-6 feb 2017 after a hugeeee puuuuump and now..also we are in accumulation phase and we have a very huge bullish divergence at 1week timeframe.
First fibonnaci target and also ichimoku cloud resistance are in 0.236 fib which means 0.00003444 sats
It s not much to say about this chart,we have bull divergence,accumulation phase and after we are mooning!
Enjoy
1 Weekly supports:
-1302 sats
-850 sats
-549 sats