MarkLudgate

XEM (NEM) - uptrend breakout trade

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MarkLudgate アップデート済   
POLONIEX:XEMBTC   NEM / Bitcoin
There is quite a lot of sells on the orderbook between the buy-stop price and the current price. If the price manages to get past all those sells then it has a good chance of pushing further in this trend.

Best to bear in mind that this uptrend could drop suddenly if bitcoin resumes a healthy uptrend. However this could take a couple of weeks.
Some of these alts have really low volume at times so be careful buying as big orders will go right through the order book



Good luck!

Mark
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we've broken below the last low so this is invalid for me
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