I am not convinced...

that this bessa is over, but... SL in mind TP minimum 10cents, money management - 3% of trading capital.

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SL can be activated also if the red line will fail to hold in case of daily close price:

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bigger picture:

Basically i use redline to estimate circumstances if signal of buy was fake or not.

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It is hard to say, but downtrend in case of whole cryptomarket should be continued until 1st quarter of 2020. SO the chances for XEM are not high to make huge gains. Patient people should really wait for 0.03-2.0- cents area to accumulate for longterm, multiyear period.