XEM/BTC (Breakout above 200D MA)

١٨ يوليو ٢٠٢٠

XEM/BTC

-broke the 200D MA and resistance area of confluence
-if this candle closes today with a green engulfing
-we will likely see more upside action in the coming days
-a potential retest around the fib .382 is also possible
-the upside target is the .618 mid resistance line
-for now, bulls have control of the situation