NEM / Bitcoin
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XEM Bullish Movement Along the Channel

XEMBTC has found itself a nice support along the bottom of the ascending channel. It has successfully crossed the 144-period moving average.
I expect the price to continue to rise into the mid-channel zone, where it would be a safe exit. A riskier exit would be near the top of the channel.
Parallel ChannelTrend AnalysisTrend Lines

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