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Nembtc

There is a trading opportunity to buy in NEMBTCTechnical analysis: . NEM/BITCOIN 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 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000054 to 0.0000038). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000054) Ending of entry zone (0.0000038) 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 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= @ 0.0000073 TP2= @ 0.0000100 TP3= @ 0.0000135 TP4= @ 0.0000217 TP5= @ 0.0000294 TP6= @ 0.0000451 TP7= @ 0.0000579 TP8= Free
Long
by ForecastCity
6
There is a trading opportunity to buy in NEMBTCTechnical analysis: . NEM/BITCOIN 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 55. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000054 to 0.0000038). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000054) Ending of entry zone (0.0000038) 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 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= @ 0.0000073 TP2= @ 0.0000100 TP3= @ 0.0000135 TP4= @ 0.0000217 TP5= @ 0.0000294 TP6= @ 0.0000451 TP7= @ 0.0000579 TP8= Free
Long
by ForecastCity
11
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.
XLong
by SpartaBTC
15
XEMBTC formed a bullish butterfly | Upto 193% from herePriceline of NEM / Bitcoin cryptocurrency has formed a bullish butterfly pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. The price action is hitting the strong support at 0.00000477 sats which is not broken since 2016. After hitting the support the MACD turned weak bearish from strong bearish. RSI is already oversold. Stochastic is oversold but did not give bull cross so for safe trade we can wait for bull cross from stochastic. I have used Fibonacci sequence to set the targets: Buy between: 0.00000495 to 0.00000189 Sell between: 0.00000728 to 0.00001298 Regards, Atif Akbar (moon333)
Long
by moon333
1
Resistance line to be broken so that Alt season can beginThis XEM chart tells us when Alt season can begin. If we watch it carefully, whenever has been tested as support and held, Alt season begun. When tested as resistance and couldn't be broke, all Alts fell heavily. Bitcoin runs the show and its near term price action will dictate if Altcoins would be a good trade. If Bitcoin price wwill range for several weeks in the actual level, it could give Alts a chance to breath. So pay attention to the following resistance line and be ready.
Long
by Freedonia
1
G20. Director and Co-founder of NEM Ventures, said : June 9 G20 meeting in Fukuoka, Japan, the G20 finance ministers, and central bank governors filed a request with the Financial Stability Board (FSB) to monitor cryptoassets-associated risks. Finance ministers and central bank chiefs from the Group of 20 (G20) major economies asked international organizations, including the International Organization of Securities Commissions (IOSCO), Financial Action Task Force (FATF), and the Financial Stability Board (FSB), to consider working on additional multilateral responses as needed, and showed support to the ‘draconian’ KYC-related suggestions that would affect virtual asset service providers and their clients. The regulators said crypto assets do not pose a threat to global financial stability at this moment, but they shall remain vigilant to risks related to consumer and investor protection, anti-money laundering and countering the financing of terrorism. Dave Hodgson, Director and Co-founder of NEM Ventures, said that the FSB’s analysis of decentralised financial technologies and regulatory challenges is encouraging, adding that he looks forward to more concrete recommendations in the future. He said: “It would be beneficial to hear from the FCA in the UK and the SEC in the US as they have thus far been quiet on their preferred approach. As a result, companies have been reliant on self regulation combined with hefty punishments in these jurisdictions for those who have fallen victim to this regulatory uncertainty. It is also critical to consider the role that proactive regulators such as Gibraltar, Malta, Bermuda, Switzerland, and Germany will play – as regulatory certainty will allow the population to operate how it wishes, while being legally compliant.” The joint Communiqué says: “Technological innovations, including those underlying crypto-assets, can deliver significant benefits to the financial system and the broader economy.” However, after optimism, the authors of the paper raised concerns over new technologies saying: “While crypto assets do not pose a threat to global financial stability at this point, we remain vigilant to risks, including those related to consumer and investor protection, anti-money laundering (AML) and countering the financing of terrorism (CFT).” Except for the risks, the document notes that there are also benefits of blockchain for the economy: “Technological innovations, including those underlying crypto-assets, can deliver significant benefits to the financial system and the broader economy.” The G20 leaders reaffirmed their commitment to applying the recently amended FATF Standards to virtual assets and related providers for Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT). “We look forward to the adoption of the FATF Interpretive Note and Guidance by the FATF at its plenary later this month.”
Short
by IgorPorokh
1
NEMToday I want to pay attention to the coin hem. Over the past year and a half, many projects have not survived the bear market. Problems also affected this project, they reduced the team, launched the long-awaited catapult - but not at the right time. Now XEM is priced at the lowest price. But I like the development strategy and the popularization of their blockchain in universities in the long run will achieve the result Technical analysis A falling wedge was formed. This is a reversal figure of the target when I break through the resistance line I see in the range of 1000 sat first
Long
by EXCAVO
1