XEM (NEM) LONG (400%+ Potential)
Updated
I am opening a trade on XEM (Neweconomymovement).
Chart drawings is for representation.
You can see the bounce after Bitcoin bull run stopped.
RSI and MACD showing massive room for upward growth.
Trade active @ 0.00001430
Targets:
(1) 0.000047
(2) 0.000088
(3) 0.000100
Stop-loss:
(*) You can choose 10-20% below your buy in.
You can also hold for as long as it is necessary for this trade to take off.
Note: You can set your own targets. Once this trade takes off, there will be plenty of time to decide when to sell.
Let's trade and let's earn. Now, forever and ever.
Patience is key. Set it and forget it.
Come back to take the profits.
And... Remember... YOU DESERVE THE BEST!
Chart drawings is for representation.
You can see the bounce after Bitcoin bull run stopped.
RSI and MACD showing massive room for upward growth.
Trade active @ 0.00001430
Targets:
(1) 0.000047
(2) 0.000088
(3) 0.000100
Stop-loss:
(*) You can choose 10-20% below your buy in.
You can also hold for as long as it is necessary for this trade to take off.
Note: You can set your own targets. Once this trade takes off, there will be plenty of time to decide when to sell.
Let's trade and let's earn. Now, forever and ever.
Patience is key. Set it and forget it.
Come back to take the profits.
And... Remember... YOU DESERVE THE BEST!
Trade active
Trade going strong. Around 70% increase since start of idea.Note
If you find this analysis useful and helps you profit, your gift is highly valued and appreciated. Your gift will support more fully updated and strong, safe, simple, positive and profitable ideas, designed and described specially for beginners and those that do not have the time to do the research and analysis themselves.Use the following addresses to send your TIPS / GIFTS
BTC: 1FuixEqRubccPr9RxZpFTRAzXhwS4j2Qh3
BCH: 1QHoxyb6eWeTUJQ7umFUSKcCZCGckfx14H
LTC: Ldqto38KKv2wibUBqdaEYN6k7EDMAfBbqm
ETH: 0xb0212a2338eaebd110adc5ca254e23396cc88cd2
Note
By the way, we trade on BITTREX not POLO.BITTREX price is way higher, and this happens for many coins.
Trade active
(1) Target reached in a flash. Over 330% profit.Consider buying a portion of your stack and re-buy / reload lower.
- 1st rebuy level around 0.000037
If it falls below that...
- 2nd rebuy level around 0.000032 and later 0.000028.
Based on Fibonacci levels.
Note
If you find this analysis useful and helps you profit, your gift is highly valued and appreciated. Your gift will support more fully updated and strong, safe, simple, positive and profitable ideas, designed and described specially for beginners and those that do not have the time to do the research and analysis themselves.Use the following addresses to send your TIPS / GIFTS
BTC: 1FuixEqRubccPr9RxZpFTRAzXhwS4j2Qh3
BCH: 1QHoxyb6eWeTUJQ7umFUSKcCZCGckfx14H
LTC: Ldqto38KKv2wibUBqdaEYN6k7EDMAfBbqm
ETH: 0xb0212a2338eaebd110adc5ca254e23396cc88cd2
Trade active
Looks like the 0.000037 support level held nicely.I will be watching the charts closely and post an update if there is anything relevant to mention.
Note
I am trading on Bittrex.The top today was 0.00005000. Now its time for correction, then consolidate, then, depending on how the market is behaving, we will try to test the same top and finally look for a new target.
Remember that if Bitcoin takes off, all trades and charts can get broken down.
Note
Broke resistance. Feel free to rebuy/reload @ - 2nd rebuy levels. Around 0.000032 and later 0.000028.3rd level is around 0.00025, in case you are interested in knowing.
Note
Correction: Broke support, not resistance.Trade active
Looking at the 4h chart, the 50 and 100 days MA (Moving Average) 0.0000225-235, which should work out as very strong support level.There are many more indicators that I am looking at on the charts but we need more time for them to be of more value.
So I will post an update once the day crosses or when some strong signals confirmed that there is going to be a reversal.
P.S. Quick question, you can answer in the comments or through private message. Would you prefer more updates in the form of comments on this sections or less? Because I can point out lots of things that are happening with the chart but I don't want to overload your inbox. It is better to just wait for strong signals and go with that. Thanks in advance for your input.
Note
I posted an update about new targets for XEM on the NXT trade chart. Now that's embarrassing (not really,just a mistake).So here is the update I wrote where it belongs...
-----
Additional targets:
(3-4) 0.000110 - 0.000131
(5) 0.000204
(6) 0.000333 (Mind blown)
Once a target is reached, I will post an update with re-buy/reload levels based on the Fibonacci sequence tool; which tends to work like a charm.
These are just for the longer term, but is good to point them out just to know of all possibilities.
As each target is reached, remember to book partial profits. Watching the charts closely before making your next move, analyzing, checking and double checking, even corroborating with other traders ideas is really smart in order to maximize your profits.
Remember that there are many strong traders with great charts that deserve that we take a quick look at what they have to say. I am just one of many and learned through experience (aka. The hard way). Many others are studied and know all the technicalities. What is really important, in a nutshell, is to BUY LOW AND SELL HIGH.
Thanks again everyone for the support.
Thanks matgavaghan
Your encouraging words are highly appreciated.
In the end, whatever happens with this trade... Just remember, REMEMBER, that YOU DESERVE THE BEST!
Now let's trade :D
Note
The re-buy/reload period is about to be over. We will be having price action soon. I will post an update as soon as I receive confirmation from the charts.Note
We are looking closely at Bitcoins movement. If Bitcoin does a trend reversal, we have to act and adapt.If Bitcoin does not start a new Bull Run, then we hold patiently as we have been doing thus far.
More information:
Note
The entire cryptocurrency market has entered into correction mode. This is completely normal. It goes up, then goes down, back up, back down, forever and ever.Here is are the steps that you as a trader need to follow, there are only 3 steps:
1- Buy within the recommended range.
2- Sell on your preferred target.
3- Sell if the stop loss is reached.
The rest is all about HOLD.
Plain & Simple.
Trade active
We are looking at maybe two more days of correction/consolidation, and later take off.We are aiming to touch the 0.000022 support level and jump back from there to reach our next target.
I will be posting a new chart when the reversal happens.
Note
New Buy-ins, Re-buy/reload range: 0.000022 - 0.000026Trade active
New chart posted. Please move the conversation to the new "idea". Thanks.After a few days, I will stop following up on this one and we can move on to the new one.
Trade active
Stop-loss: 0.00001230 (1230 satoshis)If the price didn't hit the number above, this TRADE IS STILL ACTIVE.
Note
We are gaining momentum.Trade closed manually
I will be revisiting in the future and posting a new trade idea when the conditions are correct.Thanks for your continued support and all the profits and fun throughout this trade.
Namaste.
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