NEM High Volume Breakout | Moving Now! (XEMBTC)NEM (XEMBTC) is printing a strong bullish candlestick to break above EMA10/50 and signal that this altcoin pair is also ready to move.
A high volume breakout above EMA50 is a strong bullish signal.
EMA50 is the magenta line (0.00000493) you can see on the chart above.
EMA100 is the blue line (0.00000570) and potentially the next target if XEMBTC closes above 0.00000511 today.
The RSI is strong at 60.57.
The MACD is on the bullish side.
This chart is bullish and is signaling that XEMBTC can continue growing in the days and weeks to come.
If the prices move down and close below EMA10, then the potential from this pair switches from bullish to bearish.
Right now, NEM is bullish, growing and ready to grow some more... All the details are on the chart.
Thanks for reading.
Namaste.
NEM
GOLDEN CROSS - 50 DAY MA CROSSING 100 DAY MA - BULLISHWe do not play gold stocks. So here's a tip for everyone.
Today, Barrick popped up on one of the scans we run.
On the daily chart, the 50 Day MA is crossing up and over the 100 Day MA.
PMO, MACD, RSI and Stochastic are all BULLISH - (In an uptrend)
For anyone interested, here you go!
Best of luck with your trades!
LONG - NEM - DOUBLE BOTTOMDouble bottom in HTFs, about to touch resistance for the 4th time with big volume, remind us to the btc bottom at 3k.
Entry: 0.00000496
TP 1: 0.00000609
TP 2: 0.00000761
SL: 0.00000439
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
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LONG - XEM - Trading OpportunityQuick play here with XEM entering the 4H cloud after a failed attempt at breaking this resistance that has been holding it back for some time now, this is quite a low risk play and has good chances of paying off.
Entry: 0.00000459
Target 1: 0.00000484
Target 2: 0.00000524
SL: 0.00000444
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
This caterpillar will become a beautiful butterfly?since we know that all XEM users will receive 1 to 1 catapult tokens, and at the same time, the XEM network will continue to function, we come to the conclusion that a bearish trend will end soon
Paired with the dollar, we can see consolidation.
If in the next month, there will be no catch from Bitcoin, we should see a breakthrough, a falling wedge
The caterpillar will again become a butterfly
NEM (Oct 06) #XEM $XEM #BTC $BTCWhat to know :
- My Red Arrow indicates the expected target and expected time
- All Free Signals are hidden the trade info
- Only 20% signals are Free (Max 3 signals per day)
$XEM, Gaining momentum as POS + Consensus release$XEM
Gaining momentum as we are close to the POS + Consensus release ++ (remember $WAN)
Currently crossed over resistance level at ~480 and retested with BTC drop
If continuation follows, then aiming for multiple targets on the way up
UCTS Buy signals & Volume rising.
#XEM
NEM Price Analysis (XEM/BTC)
Today, the opening times mirrored a drop of 4.48%. The coin slipped from 0.00000484 BTC to 0.00000462 BTC. The present cost of NEM is 0.00000461. Inside the initial couple of hours, the value bounced to 0.00000461 BTC by 6.22%. XEM has denoted a total drop of 4.71%, since the morning. XEM began managing at 0.00000434 BTC.
Further, there was another acceleration. This time the value counter changed from 0.00000450 BTC to 0.00000489 BTC by 8.60%. The day shut with an upsurge of 11.60% at 0.00000484 BTC.
News Source: TheCoinRepublic
NEM’s Shows Growth In the Time of Slowdown
NEM used to work with the Mijin blockchain programming. Mijin blockchain is a product which was tried dominatingly in Japan and different nations around the world. This product must be evacuated due to hacking which took US $530 worth of XEM from the site.
While this was definitely not a noteworthy episode, yet NEM rushed to act quick and dispatch its new programming Catapult, which it had really taking shape. This product was reported on Twitter and it increased monstrous footing and this product was embraced for greater security..
News Source: TheCoinRepublic
NEN (XEM) Downward wedge. First profit + 70%. Potential + 300%NEN (XEM) Downward wedge. Which can become a reversal pattern of a downtrend. Everything is on the chart. First goal + 70%. Potential + 300% But also as an option, the price may simply not go further down, but just flat in the same price range with little volatility. For example, this happened with GTO, ZIL. Have a look at related trading ideas. There the price is clamped - there is a set of positions at certain prices acceptable to a large player. Inside the day, they trade well in a glass without risk, for a major player.
CONGRATULATIONS!!! We called the top weeks ago... Thank you!Well followers, we hit a home run yet again!
Weeks ago, to be exact, on Aug 27, we posted a Short Recommendation for Gold & Silver
It paid off big time!
We hope everyone cashed out and made lots of money following our post on Aug 27.
As for the next support levels for Gold & Silver...
We think Gold support might be somewhere around these prices...$1450, $1390, $1350 and $1305
and
We think Silver support might be somewhere around these prices...$17.30, $15.60, $15.15 and $11.90
Although Gold, Silver and Platinum should always continue to do well over the long term, until the larger producers / minors show huge profits with nice dividends moving forward, we think the stocks are nothing but SCAMS!
ALSO, WE MAY ADD....
Under a Donald Trump Presidency, there is NO WAY he is going to let the economy crash so with that said, we see very limited upside for metals over the next 4 to 6 years UNLESS things truly take a turn for the worse,
NOT COUNTING FAKE NEWS!!!
Best of Luck with all your trades!
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NEM/BTC possible moves
This is the few Alts which no one is talking about, also the best coin to gain profits as in every short bull run this coin has performed
quite well.
Nem/Btc formation of positive divergence, wait for entry around the support area.
Will XEM make it’s place in Top 5?
NEM (New Economy Movement), propelled 31st March 2015, is a shared cryptographic money just as a blockchain stage that principally centers around giving security to the digital money resources. Adding to this it additionally includes in changing the calculation into a significantly more adaptable one.
NEM Price Prediction
NEM has been a dependable stage due to a few reasons and one of them is the way that it effectively reacts at whatever point there is a spammer who wrongfully meddles into a system. Truth be told, NEM closes them down also.
News Source : TheCoinRepublic
NEM’s Surprise Growth In the Time of Slowdown
NEM saw a 55% development in its cost and crested at US $0.10 at once. It had the greatest development among the Cryptos and was viewed as the far-fetched cash developing at the hour of sadness. While it was developing, the Crypto market was seeing a ruin in its cost. Significant digital forms of money like Bitcoin, Ethereum, Litecoin, and others took a plunge and the market was down
NEM used to operate with the Mijin blockchain software. Mijin blockchain is a software which was tested predominantly in Japan and other countries worldwide. This software had to be removed due to hacking which took US $530 worth of XEM from the website. While this wasn’t a major incident, but NEM was quick to act fast and launch its new software Catapult, which it had in the making. This software was announced on Twitter and it gained massive traction and this software was adopted for more security.
Also, an announcement of the development of a Mobile Wallet was done and users could track its development process through Twitter which provided a link to the website. While riding heavily on the success of Catapult, NEM capped over $809 million and it was traded at $0.10 which is a peak since the start of the year. Now it has relatively slowed down and the price has got down to approximately $0.08.………….
News Source: TheCoinRepublic
** NEM - XEM/BTC ** Binance - Upside Momentum XEM has been showing small strength at the 467 -520 range gathering some additional boot from the latest news on the NEM Foundations catapult road map.
There is growing support in the 529 zone with possible large move to the upside in the next days or weeks ahead.
We will watch this coin looking for good entry points with scaled selloff's advisable up to and around the 0.00000950 range.
The OBV index is looking strong with the Squeeze indicator pushing to the upside.
XEMBTC 1 hour breakoutXEMBTC is trying to breakout here and very good entry after breakout.
or you can enter below 530 .
keep your position very small we are not in bullish mode
NEO Price Analysis NEO / USD: Looking UpNEO / USD Short-term price analysis
NEO has a bearish short-term trading outlook, with the cryptocurrency trading well below its 200-period moving average on the four-hour time frame.
The four-hour time frame is showing that the NEO / USD pair has rebounded sharply higher after the bearish head and shoulders pattern reached its overall downside projection.
Technical indicators on the four-hour time frame are bullish and continue to issue a strong buy signal.
Pattern Watch
Traders should note that a bullish reversal pattern could start to form now that the inverted head and shoulders pattern has reached its downside projection.
Relative Strength Index
The RSI indicator has turned bullish on the four-hour time frame and is also issuing a buy signal.
MACD Indicator
The MACD indicator has turned bullish on the four-hour time frame and is starting to generate a buy signal.
NEO / USD Medium-term price analysis
NEO has a bullish medium-term outlook, with the cryptocurrency holding firm above its trend defining 200-period moving average.
The daily time frame is showing that the recent decline in the NEO / USD pair has failed to invalidate the large inverted head and shoulders pattern.
Technical indicators on the daily time frame are still bearish, despite the recent correction higher in the NEO / USD pair.
NEO / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the July 17th swing-high is the overall target of the inverted head and shoulders pattern on the daily time frame.
Relative Strength Index
The RSI indicator is attempting to recover higher on the daily time frame, although it remains technically bearish.
MACD Indicator
The MACD indicator on the daily time frame is still bearish and continues to issue a sell signal.
Conclusion
NEO is attempting to recover upside momentum after potentially forming a very important technical bottom across both time horizons.
The formation of a bullish reversal pattern on the lower time frames may indicate that the NEO / USD pair is ready to test back towards the neckline of the inverted head and shoulders pattern on the daily time frame.