My opinion about XEM ( NEM) / BTCHello!
With my last opinion that BTC have a up wave and XEM/BTC chart.
I think that it will have a up wave to 125 -130 range and maybe more.
Stop loss at 10 range but I will look for another entry because I think that it will up.
Sorry for my bad English so I can’t explain so much.
Stop loss for any trade please!
Thank you very much!
Nemusd
XEM BTC REVERSAL 300% MINIMUM potentialy increase
XEMBTC is in uptrend now and will going up like a skyrocket.Firstly,what we need to understand the history will repeat itself once again.
Soon we have a golden cross at 1week timeframe which means a BULL REVERSAL.Last two times when was made this cross XEM increased by 1813% and 1102% and now we can make 370% MINIMUM which means 61.8% fibonaci target.
StochRSI it s overbought but when a coin make reversal this stoch can be remain here.
RSI going up which is a bullish sign also
MACD Bull Cross
Don t forget about catapult release and what usecase will have.
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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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.
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.
XEMUSD: Expect a rejection on the 1W Lower High. Short.The price is approaching the Lower High limit of the 1W Channel Down (RSI = 37.875, MACD = -0.079, Highs/Lows = -0.0014, B/BP = -0.0321) and if the 1D candle breaks 0.09500, it is a confirmation of a break out towards the 0.0777 1D support. 0.088 can be your first TP but we are still looking for 0.060 on the long term.
XEMUSD: 1D Channel Down intact. Support test ahead.XEMUSD delivered the anticipated bearish leg on 1D giving shape to the new 4H Channel Down that should eventually test the 0.0777 1D support. As seen on the chart, 1D is a clear Channel Down (RSI = 48.355, STOCH = 33.730) but until that support breaks, on low gradient (MACD = -0.001, Highs/Lows = -0.0003). We are still bearish, aiming at 0.060.
XEMUSD: Simple Channel Down pattern. Short.NEM is following a Channel Down pattern on 1D with distinct Lower Highs and Lower Lows that has just made its latest Lower High (RSI = 54.758, Highs/Lows = 0.0000). Technically and always according to the underlying selling pressure applied by the 1W bearish trend (MACD = -0.081, Highs/Lows = -0.0056, B/BP = -0.0439), we should see a Lower Low on XEMUSD near 0.074. Our TP remains 0.060 but will reconsider once we approach 0.075 depending on the parameters then.
NEMUSD: so far, so goodForming a confident slowly-rising channel on a higher volume.
Not a financial advice.
Slight upper break-out quickly sold off. Still bearish.The Falling Wedge bands on XEMUSD have been slightly broken upwards on a 1D spike that reached 0.1166 but was quickly sold back to even lower that yesterday's levels. This level (0.1166) is also a 0.786 Fibonacci retrace, and probably the reason for the strong selling. There are two bearish possibilities created form this event: the more slow paced 1D Channel Down (faded channel, RSI, Williams, Highs/Lows neutral) or the more aggressive 4H Channel Down. Both still point to our TP = 0.060.
NEM (XEM/USD) Is Technically Good Compared To Other AltcoinsCurrently, NEM' trading on the channel. It has been respecting those channel trendlines and it has made pretty good profit opportunities.
After BTC' breakout from the triangle downwards, XEM' has also come down pretty quickly but it is still on the channel and it has still an opportunity to make the higher low. At the moment, the price is a very strong support area, support criteria:
1. The round number $0.1, which works as a support
2. EMA 200 is exactly on the $0.1 and it works also as a support
3. The Fibonacci golden ratio 62% matching with the criteria mentioned above
4. Plus if we drop just a little bit lower then there is the 50 & 100 EMA's and the channel bottom trendline.
So, currently, we think that if we see a break and close below the round number then it's a first sign that we might go downwards and the full bearish confirmation would be then when we see a candle close below the trendline.
If BTC' finds the support from the current level at $6,460 then NEM' has technically a very good platform to go higher levels and if it happens it makes a new higher low but yes, as we've said, all depends on what Bitcoin' does.
Hopefully, those levels and this analysis helped You out a little bit to confirm your own analysis!
If You want to get the deeper analysis and the latest crypto-news then please visit our site, the link is on the profile (u.today)!
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Best regards!
NEM (XEM/USD) - Waiting For The Big Move Upwards!Currently, the price is below the round number $0.1 which works as a resistance. NEM' has managed to break above the nearest down-trendline which now work as a support! This is a pretty significant sign because NEM' has been on the big downtrend and it has not shown any big recoveries and big pumps.
Remember what Ripple' did, it exploded and from a technical perspective, one possible reason was this that it was very far from the major down-trendline (not as other altcoins), so as NEM' right now, it is also far away from the major down-trendline and the possible pump may happen soon if the market starts to show some stability!
To be bullish we have to break above the round number and we have to make a short-term higher high (the green box higher high confirmation box). Those first steps will guide us to the higher levels:
* Blue line around $0.116 - it is historically worked support and resistance level and the price have made reversals and stops in this price level.
* Second one is around $0.14 - there we start to catch some monthly levels and we need pretty good power to push through because there comes into the play also the 200 EMA
* The final target would be the major down-trendline. (+100%)
To confirm bearishness and the area where You want to consider to sell Your NEM's would be the red box. If we get a candle close below the main counter trendline and below the "nearest down-trendline" then it would be bearish confirmation and NEM' would probably go and test the lower levels!
Hopefully, those levels and this analysis helped You out a little bit to confirm your own analysis and if You want to get deeper analysis and crypto-news then please visit our site, the link is on the profile!
Please, don't forget to hit the LIKE button to support us!
Best regards!
NEM Price on the Rise Due to Name Service PartnershipNEM (XEM) price has been on quite a rally the past day, gaining almost 10% in the past 24 hours. This is mostly due to the partnership with Portal Network regarding a name service that will be introduced to NEM.
Using Fib retracements we can see some key inflection points for XEM. When the price will touch these levels, more likely than not there will be some movement.
Those key points are:
Supports at: $0.101, $0.095, and $0.089
Resistance at: $0.107, $0.115, and $0.125
Falling Wedge intact. Slow descend towards 0.060.XEMUSD has made another Lower High on the 1W Falling Wedge (RSI = 36.374, MACD = -0.081, Highs/Lows = -0.0262, B/BP = -0.0796) staying bearish on the long term but neutral on the short term (1D RSI = 45.270, Williams = -53.449, CCI = -0.6358, Highs/Lows = 0.0000). This should create a consolidation phase within a 0.07855 - 0.1040 Rectangle until 0.7800 breaks. Our TP is intact at 0.060.
XEMBTC is strong buy at this low rate, 750% PotentialNEM (XEM)
Rank on Coinmarketcap - 18
Market Cap - $901,749,602 USD = 133,579 BTC
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RSI @ 33
ATH 13750
Current 1534
Buy at CMP or place order around 1400
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TP1=2369
TP2=3077
TP3=4606
TP4=7588
TP5=ATH
Stop loss- If daily candle close below 1300
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Trade at own risk
Channel Down intact. Steady decline to wards the target. Short.XEMUSD is on a very stable decline on the 4H Channel Down with 1D (RSI = 38.196) calling for a new Lower Low at 0.0716. 1W is still applying significant selling pressure (MACD = -0.080, Highs/Lows = -0.0359, B/BP = -0.1047) and we remain dedicated to our ultimate TP = 0.060.
Channel Down continuation within the 1W Falling Wedge. Bearish.As expected the consolidation around 0.1000 broke downwards and a new very aggressive 4H Channel Down (oversold RSI = 21.923, STOCHRSI = 0, Williams = -98.798, Ultimate Oscillator = 21.489) has emerged. This is still trading within the wider 1W Falling Wedge pattern (MACD = -0.080, Highs/Lows = -0.0498, B/BP = -0.1070). Our ultimate TP is still 0.060 but if 0.055 breaks, then the Falling Wedge is crossed to the downside and a very aggressive bearish sequence will commence for XEMUSD. Updates will follow to cover this scenario.
Signals for more pain in crypto... Just look at $NEM - $XEMUSD Make no mistake, this is a tremendously bearish pattern on NEM.
Lower High made. Resistance intact. Short.XEMUSD made the expected Lower High on the 1W Falling Wedge (RSI = 36.593, MACD = -0.079, Highs/Lows = -0.0414, B/BP = -0.0862), though a little higher than our projected 0.12059545 figure. However it provided an even more comfortable short entry for our ultimate TP = 0.060. The goal for 1D is to sustain the current bearish momentum (STOCHRSI = 28.472, Williams = -78.631) and stay below 0.1149.
There is a possibility for the beginning of an uptrend in XEMUSDTechnical analysis:
. NEM/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.1053 to 0.0634). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.1053)
Ending of entry zone (0.0634)
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= @ 0.1431
TP2= @ 0.1681
TP3= @ 0.1982
TP4= @ 0.2765
TP5= @ 0.3686
TP6= @ 0.4390
TP7= @ 0.4958
TP8= @ 0.6540
TP9= @ 0.7450
TP10= 0.9466
TP11= 1.1487
TP12= 1.4356
TP13= 1.8013
TP14= Free
There is a possibility for the beginning of an uptrend in XEMUSDTechnical analysis:
. NEM/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.1053 to 0.0634). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.1053)
Ending of entry zone (0.0634)
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= @ 0.1431
TP2= @ 0.1681
TP3= @ 0.1982
TP4= @ 0.2765
TP5= @ 0.3686
TP6= @ 0.4390
TP7= @ 0.4958
TP8= @ 0.6540
TP9= @ 0.7450
TP10= 0.9466
TP11= 1.1487
TP12= 1.4356
TP13= 1.8013
TP14= Free
Near pricing a High. Short on Resistance.The pattern transformation from the 1W Channel Down (MACD = -0.080, Highs/Lows = -0.0417, B/BP = -0.1109) to the 1D Falling Wedge (RSI = 43.716, MACD = -0.010) was successful on XEMUSD and the price is now rising towards a 0.12059545 High. Short TP remains 0.060.
About to undergo a pattern change. Still short.XEMUSD is extending its losses on a long term bearish 1W Channel Down (RSI = 36.144, oversold on STOCHRSI, Williams, Ultimate Oscillator). However it may undergo a formation change to a 1D Falling Wedge (blue lines) if 0.1069 is crossed now. Still it is limited to a 0.12060 maximum, so we remain short with TP = 0.060.
