This scalping strategy works equally properly with all varieties of markets that have a very good common daily range. Once you spot an RSI reading lower than 30 we switch to a decrease time frame which brings us to the second rule of the NEM (XEM) cryptocurrency technique. The second rule that must be satisfied earlier than pulling our set off is to wait once more for the RSI indicator to point out a studying of less than 30, but this time on the 1-hour time frame. Next, we need to apply our second indicator over this one period ROC. NEM is considered one of the massive potential cryptocurrencies which might be buying and selling under $1, and it’s primarily based on newer blockchain expertise. The NEM (XEM) cryptocurrency strategy has turned out to be one of the most consistent trading programs that we have developed. Now, earlier than we go any additional, we all the time recommend taking a bit of paper and a pen and note down the rules of the NEM (XEM) cryptocurrency trading strategy.
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