NEM
We have strong support in the green areaThere is a possibility of hitting the $ 32 level again. But we are going to leave in six days. Do not let the opportunity slip .
NEM (XEM) - March 24Hello?
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We'll have to see if we can get support from the 0.3291-0.3619 segment and climb to the 0.4078-0.4471 segment.
In particular, you need to rise along the uptrend line to see if it breaks off the downtrend line.
If it falls from the 0.3291 point, a Stop Loss is required to preserve profit and loss.
However, careful trading is necessary as it may rise along the uptrend line passing through the 0.2503-0.3291 range.
In order to turn into a short-term uptrend, it must rise to at least 0.4078-0.4471 to gain support.
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(XEMBTC 1D chart)
We must see if we can get support from the 649 Satoshi-733 Satoshi section and ascend to the 902 Satoshi point.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Buy $NEM - NRPicks 28 FebNewmont is the world's largest gold producer. In 2020, the company produced 5.9 million attributable ounces of gold and more than 1 million attributable gold equivalent ounces from by-product sales. In the long term, the company expects to produce 6.5 to 7 million ounces of annual gold production while reducing all-in sustaining costs to $800 to $900 per ounce.
Newmont is a company that appears to have been unaffected by the pandemic, as we see no significant damage to sales. The current year's results have been better than last year, likewise, we can see that its debt level is in line with its competitors.
- Value
-2.9% estimated net earnings growth for the next 3 years.
- ROE 11.0% VS 13% industry average
- P/B 2x VS 2.3x industry.
Technicals:
- Price level below SMA 250-200-150-100
- Williams R% at -94% levels
- RSI (32) Oversold
- -8% average downside during the month
A 17% correction was presented from January 8 to February 26, which stopped at $54.30 support. This pullback was mainly due to the fortune that the dollar has been gaining and the increase in 10-year bond yields. Ultimately, the buy decision is driven by the strength of the company and that the technical indicators are favorable.
#XEM/USDT LongIm back with another Spot signal with a 6x profit chance.
1-RSI Hidden Divergence
2-Stochastics Cross Up
3-Very powerful support on Fib78%
Hold it for one month and than check the resaults.
#XEM #NEM possible targets for 2021#XEM #NEM possible targets for 2021
TARGET1: 1.1 $ (More likely.)
TARGET2: 2.1 $ (More likely.)
TARGET3: 3.8 $ (Less likely.)
TARGET4: 8 $ (Less likely.)
STOP LOSS: UNDER 0.26 $
XEM - Bull FlagXEM bottomed out and started consolidating again to move back up. Look for bull flag breakout.
You can make a lot of money if you buy this crypto in JulyAs seen in the chart, this crypto has finished an impulse wave and now is in correction.
Currently it's in A wave and is about to finish its 3th wave.
These green colors you've seen for the past couple of days are nothing but 4 wave of a bigger 3 wave.
Hence, do not think of long positions until July. When the price reaches that final box (which means A wave is complete.), it's ready to form a massive B wave.
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The fall was catastrophic but ?!We have signs that the situation is stable, and the famous 32-cent area has shown good support. We need to break our downtrends to move forward, and we will succeed. Note the yellow axis line in the indicators and the downtrend line in the chart. We need to break them to keep moving. It is better to remember the slogan of this network. (New Economic Movement)
NEM (XEM) - March 17Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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You should watch for any movement that deviates from the 0.3291-0.4078 range.
If it falls from the 0.3291 point, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
If it gains support in the 0.4078-0.4471 range and rises above 0.5280 points, I think there is a high possibility of turning into an uptrend.
However, it must be supported and climbed at 0.5662, an important point.
To get off the downtrend line, you need to check the flow between around March 23rd and April 2nd.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Everything is possible by NEM; (XEMUSDT analysis )Because together, everything is possible
One ecosystem, two blockchains, a world of possibility.
❇️(coinmarketcap DATAs:
Rank #26 -kind:Coin - On 94,212 watchlists
Market Cap: $3,616,917,338
Volume 24h: $671,617,624
the total supply of XEM is 8.999 billion coins )
What Is 🌟 NEM 🌟?
NEM (New Economy Movement) is an ecosystem of platforms that use blockchain and cryptography to provide solutions for businesses and individuals. XEM is the native cryptocurrency of NEM’s NIS1 public blockchain.
NIS1 operates in a similar way to Bitcoin (BTC): it has a network of distributed independent nodes that process and record transactions on a public ledger called “blockchain.” These nodes are incentivized to contribute their time and computing resources and remain incorruptible via transaction fee rewards; these rewards are paid out in XEM coins to each node that manages to add a new block of transactions to the end of the blockchain.
However, NIS1’s blockchain has a number of unique features that set it apart from Bitcoin and most other cryptocurrencies.
The alpha version of NIS1 — or NEM as it was known at that time — was launched on June 25, 2014, and its mainnet went live on March 31, 2015.
❇️NEM ECOSYSTEM:
👉 1-NEM nis1 : explore, innovate and create using blockchain
👉2-SYMBOLE from nem ;to power possibility and connect business with blockchain
👉3- NEM VENTURES :To identify, incubate and invest in projects that innovate using blockchain
👉4- NEM COMMUNITY : To build the brands, improve the technology and foster inclusivity
❇️Who Are the Founders of NEM?
NEM was originally created by three developers known by their pseudonyms on the Bitcointalk.org forum: Jaguar0625, BloodyRookie and gimre. Since its inception in 2014-2015, NEM has grown from a personal project of three programmers to a large ecosystem composed of several platforms.
refrences: coinmarketcap -nem.io
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✅TECHNICAL ANALYSIS
As we can see in the monthly timeframe logarithmic chart for xem/usdt , The current price roam about $0.4 ,
it has beautifully taken the shape of a cup, which is valid for us. If it follows the pattern, it will make about 500% profit only by reaching the first target 2.2$,and reaching the next targets is very amazing.
We also see that the price was growing in an uptrend channel and whether it goes up or corrects the price in the medium term, it will move as wide as the channel.
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
XEMUSD or NEM, waiting to returnHello my friends. Everything is clear on the chart for you, keep in your watchlist and monitor it in the circle. If price breaks the baseband and stabilizes on that, buy it. Good luck guys. If its useful like it please as a support and follow me for next analysis :)
$XEMUSD - Possible scenarioHello everyone!
I believe it's the right time to buy NEM with a short SL and massive TP.
You may mince your TP amounts in various resistances.
It is very unlikely but the price may still drop to $0.18, so bear that risk in mind too.
During the previous analysis, NEM broke the lower edge of the triangle, and the massive sell-off was due to the free NEM airdrops ahead of the launch of XYM.
Too bad that greed in this market leads to actions like this, but I'm guessing that this is the time to recover losses.
The path on the chart is theoretical, remember to either use trailing stops or move your SL or sell positions higher if you are hunting the TOP TP.