Technical analysis by Zorroreny about Symbol XEM: Buy recommendation (4/22/2025)
https://sahmeto.com/message/3438275

Zorroreny
Rank: 227
Analytical Power:
3.3

XEM finished corrective pattern, created double bottom structure with higher low a similar pattern that we have seen on Tara before it pumped up. Expecting strong push up to target range where we have confluence of different resistances:- major diagonal resistance line- pivot above fibb 0.618 (that pivot was Target for Tara)- fibb 0.786 level - that level was reached by XEM in last bull run (2021)If super bullish than we can also wick Mar 2021 level (0.85$) but in any case once impulse is done we will get a significant correction to reveal future potential trade setups....so even if you exit trade too soon, nothing is lost, you secured profits and are waiting for next trade opportunity.
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Signal Type: Buy
Time Frame:
1 weekProfit Target:
$0.34192Stop Loss Price
$0.011573Price at Publish Time:
$0.016487