NEM can be Bought and hold for a while 07/02/2021

as we can see XEM is in a ascending parallels channel and can be purchased and hold for a while as it seems to be in a good place to purchase
we can see it has already bounced from its previews waves Fibonacci retracement golden zone ,and crossed up from its accumulation zone
it has a very good chance to touch its Fibonacci expansion of 27% which has got some confluences with upper boundary of the ascending channel
we have specified 2 TPs and Stop loss level in this trade

please comment you opinion regarding this prediction

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