NEM
XEMBTCXEMBTC
Found a support
Volumes arrive
We can observe the construction of the upward movement
Long deal
$XEM NEM bounced of EMA and found support at FibonacciHey Guys,
$XEM bounced of the 200 EMA and found support at 0.382 Fibonacci and 100 EMA. So it is still bullish
RSI is rising on the 1hr Chart
Possible Targets: 1965, 2117
Set Stop Loss at 1800
Remember i am not an financial advisor, only my opinion.
Let's get this bread family
The Greatest Long Indication of ALL TIME!I have displayed a plethora of cryptocurrencies to demonstrate the magnitude of value that exists across the cryptocurrency market at this price level.
Every cryptocurrency has been sold to an absolute bottom and selling volume is almost non-existent.
Most currencies have experienced extreme volatility such as bitcoin, dropping nearly 50% within the last 12 days to demonstrate a picture-perfect "flash-crash" and soon to be, total recovery.
It only takes a spark to start a fire and in this emerging market, sentiment can change at the drop of a hat resulting in psycho-greed fueled rallies (in a good way).
Every investment fund on the planet that has been sitting on the sidelines, staring at crypto and waiting for this moment. When one makes a move, they all do.
NEMTechnical analysis
Formed falling wedge -reversal pattern after consilidation in horisontal trend. Break out resistance line. Targets - all fibonacci levels
Fundamental analysis
NEM blockchain was picked because it possesses unique features with regards to authenticating and managing traceability according to Malaysia’s Ministry of Education.
www.ccn.com
Cryptaur, a decentralized ecosystem for P2P services, has signed a partnership with ProximaX and NEM following the first public demonstration of X-game at GITEX Future Stars 2018.
www.businesswire.com
Earlier this spring, Tech Bureau released the developer preview of Catapult. A production-ready enterprise version, along with open source and commercial licensing, are planned for the second half of 2018.
blog.nem.io
XEMUSD: Close to our final Target.The 0.0777 Lower Low was made but still the 0.060 mark was defended from last week's sharp sell off. Regardless of this resilience, the 1W Channel Down (RSI = 35.284, MACD = -0.076, Highs/Lows = -0.0092) is still in need of a new Lower Low and that is why we still have one TP left at 0.060. This point will complete our long term shorting sequence on XEMUSD (unless the monthly SMA100 = 0.05092 holds, in which case we will book the profit manually). The coin should then consolidate for a 2 - 3 month period and establish a support. We will update when the support base gives a new pattern.
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NEM (XEM) re-listed on Coincheck exchange____ Click "Like" to help NEM rise ) ____
NEM is a dual-layer blockchain similar to Ethereum but written in Java, that is one of the most popular computer programming languages. Launched back in 2015, the NEM mainnet supports multiple ledgers on its cryptocurrency layer, and the NEM Smart Assets layer supports mosaics to represent any store of value. NEM’s proprietary crypto coin is XEM, which is harvested (mined) using a Proof-of-Importance algorithm. Its the Smart Asset System that makes NEM so powerful. Nodes on the NEM blockchain process API calls, which makes it easy to develop for, whether the dApp accesses NEM’s API directly, through a server, or in the background. In short, NEM built a blockchain-based cloud platform with a NEM Infrastructure Server (NIS) made of secure, decentralized processing nodes on one side and a client side, like the NEM Community Client (NCC), which acts as a gateway.
Back in January 2018, Coincheck suffered a malicious hack, where thieves managed to steal approximately $520m worth of NEM. It was the most expensive theft on a cryptocurrency exchange as compared to the Mt.Gox theft, $450 were stolen. NEM stopped tracking the coins in mid-March after concluding that enough data was provided to local law enforcement to conduct a full investigation. Coincheck responded to the hack by refunding the 260,000 affected users in JPY from their own capital. Such decision to refund was taken very positively by cryptocurrency community and recently, on the November 12, Coincheck announced the resumption of trading for XEM coins.
Quote of an announcement:
“ resumed new account opening and payment/purchase of some virtual currencies on October 30, 2018,” the exchange announced on their website. “With regard to ETH, XEM, and LSK, technical safety confirmation has been completed with the cooperation of external experts and we have resumed payment/purchase of the virtual currency from November 12, 2018.”
After the re-listing announcement by Coincheck, price went straight up, while NEM gained over 60% against the USD. Price tested the $0.15 high, but then immediately corrected back down. Currently XEM/USD is trading at $0.094, after rejecting the 61.8% Fibonacci support. Although the spike below the support has been produced, it managed to close above. This might suggest the strength of the XEM coin, and as long as support holds, price is likely to increase.
However, considering the collapse of the Bitcoin, NEM also remains in the risk territory. Further decline towards $0.086 Fib support, or even down to $0.08 psychological support is to be expected.
A trading opportunity to buy in XEMBNBTechnical analysis:
. NEM/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Trade Setup:
. We opened 9 BUY trade(s) @ 0.01155 (day close price) based on a reversal candle ( Hammer ) at 11.18.2018
Beginning of entry zone (0.01070)
Ending of entry zone (0.00930)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01320
TP2= @ 0.01410
TP3= @ 0.01600
TP4= @ 0.01750
TP5= @ 0.02030
TP6= @ 0.02310
TP7= @ 0.02700
TP8= @ 0.03200
TP9= Free
A trading opportunity to buy in XEMBNBTechnical analysis:
. NEM/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Trade Setup:
. We opened 9 BUY trade(s) @ 0.01155 (day close price) based on a reversal candle ( Hammer ) at 11.18.2018
Beginning of entry zone (0.01070)
Ending of entry zone (0.00930)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01320
TP2= @ 0.01410
TP3= @ 0.01600
TP4= @ 0.01750
TP5= @ 0.02030
TP6= @ 0.02310
TP7= @ 0.02700
TP8= @ 0.03200
TP9= Free
XEM/BTC NEM Trading Strategy and EntryTo hold a dropping knife hurts. This chart aims at finding the zone where we pick up this coin again.
Only valid if
1. the zone is supported
2. MACD holds above zero
3. Stochastic long signal
P.S. I hate the Binance maintenence
New Economy Movement. (XEMBTC) !63% potential! How's it going everyone?!? Thank you everyone for liking and following my content! Much more to come. We will all continue to keep profiting together in our telegram chat. We actively trade on ZOOM daily! PM ME for LINK
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Looking for signal's on BitMEX/Binance ask me how to join premium!?!
TRADE DURATION: SHORT TERM 1 WEEK
CHART DURATION: 4HR
CURRENT PRICE: 1817
ENTRY PRICE : 1750-1850
TARGETS : 2000-2200-2500
STOP LOSS 5% Below Entry
Key Point's
1. Support low 1700's
2. ( MACD ) - Bullish Divergence
3. Resistance 1800's
4. Binanace Volume 3,644
5. BULLFLAG PENNANT ON (30MIN)
Huge bullish volume on XEM 1 day chart; Testing inv h&s necklineHard not to jump in on this with that giant volume bar on XEM I say wait until we have a confirmed break above the h&s neckline though that flips the neckkline from resistance to support and solidifies it with either 2 1 day candle closes above it or another huge influx of bull volume once it crosses above the neckline...it's already done a fake out once it could attempt a second and even third fakeout. Be vigilant.
XEMBTC [Daily] News driven rise, chasers trappedUsually it's good to know some levels before blindly jump into every rise even after strong news announcement.
XEMBTC here is a great example… Many chasers already trapped at the top of the range.
Look to buy dips towards 1500 or even 1350 ( some might be force to exit with loss ;) ) or on a daily break and close above 1800 with 2100 and 2450/2500 as possible target
Daily Bullish Signal $XEM #XEM XEM/BTC (09 November)#XEM (XEM/BTC)
Buy : 1425
Stop : 1300
BLUE ARROW indicates EXPECTED Time and Targets
Contact me if you need help
XEM massive gains w/ this 1 indicatorBuy Green
Sell Red
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a green dot appears after that green dot you hold your investment.
if a red dot appears you sell your position. easy as that.
shorter time frames will be choppy.
larger time frames will be smooth.
New Economy Movement will live up to its name!For the time being though, price will go only in one direction - down! 2-3 cents is very likely, you might even get a fire sale for a penny or less!
Back up the truck when you get the chance - this one is headed for the clouds! $10+, maybe higher!
XEM (NEM) Making Falling Wedge PatternNEM (XEM) Trying to Falling Wedge Pattern if You are Thinking to buy then Follow this Wedge Pattern at Try to Buy Between 1300-1350.
XEMUSD: TP hit. Rejection successful. Channel Down intact. ShortTP = 0.088 hit as the 1D Channel Down (RSI = 37.914, MACD = -0.002, Highs/Lows = -0.0056, B/BP = -0.0102) made a standard technical Lower High rejection, with the price testing the 0.08788 previous Lower Low on the inner Channel. The bearish momentum on 4H is accumulating (Williams = -82.770) and should look for at least a 0.0777 Lower Low. On the long term we are still targeting 0.060.
$XEM, Flaoting….
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum is in favor of bulls. Expecting momentum to slow down, resistance at 1600 looking for a sell off here. Support found at 1400, will watch smaller timeframe for entry. Last time we saw 1400-1600 satoshis was back in March 2017.
Daily
Shifting over to our pattern timeframe we see price failed to form a higher high 1535, support found at 1400. Today’s candle opended 1433 with a high at 1450 and a low of 1420. Stochastic RSI showing momentum in favor of bears, expecting price to break below 1400. A daily close above/below our levels shown activates our trade.
