tells long. Target 0.86$ Previous bearish H&S formation seems to be fulfiled only partially (around 50% in terms of logarithmic chart). Invalidation line for this formation is of course orange line.
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...and XEM has faileld to fulfil that formation, instead Ripple has fulfiled similar formation but is dumped too. The godfather bitcoin and his moves will ruin every strategy for longs here. I am waiting now for deeper dumps @xem hopefully much under 30cents mark, ideally to 10cents. That will be attractive entry point for longterm (2 years from now i think). One condition - BTCUSD must hit 3000$ or lower to cause panic @XEMUSD.