Nemusd
NEM/XEM TO REPEAT CYCLE WITH 450% ? - MThis is a medium term trade since we are near our demand zone. Chart is self explanatory as always. If you're a member you will be receiving updates on this trade privately. If you follow me, partial updates will be available.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
There is a possibility for the beginning of uptrend in XEMUSDTechnical analysis:
. NEM/DOLLAR 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.
. The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.1860 to 0.1380). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.1860)
Ending of entry zone (0.1380)
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= @ 0.2765
TP2= @ 0.3686
TP3= @ 0.4390
TP4= @ 0.5305
TP5= @ 0.6540
TP6= @ 0.7730
TP7= @ 0.9680
TP8= @ 1.1647
TP9= @ 1.1429
TP10= @ 1.7987
TP11= Free
Crypto Challenge - NEM alertNem caught me by surprise here. There was a false breakout and then quite a spike back above the alert but I don't have conviction to take the trade so I don't. I don't want to start chasing it now. Might get a small retracement back to support. I use Heikin Ashi candles in my trading method as the default but I can also look at normal candles as well to see a different perspective. The market action is very undecided at the moment.
Only two open trades in the challenge demo which are XLM and TRX.
A long-term trading opportunity to buy for NEMUSD !Technical analysis:
.NEM/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 41.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.298 to 0.195). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.298)
.Ending of entry zone (0.195)
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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.439
TP2= @ 0.655
TP3= @ 0.850
TP4= @ 1.169
TP5= @ 2.147
TP6= Free
A long-term trading opportunity to buy for NEMUSD !Technical analysis:
.NEM/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 41.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.298 to 0.195). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.298)
.Ending of entry zone (0.195)
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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.439
TP2= @ 0.655
TP3= @ 0.850
TP4= @ 1.169
TP5= @ 2.147
TP6= Free
NEM alertMy NEM alert went off but again this is against my anti chasing rule. I will show when I get a valid setup on a crypto on my watch list. I might do a demo account for a short time to show how my method works. I don't like to trade demo too long because it can interfere with my real trading.
March : Bullish Accumulating Month for XEMFA :
- First of all a proved-itself coin for years, not a shitcoin.
- 20 exchanges you can trade XEM. In this month it will be 21.
- Top 20 coin on total market cap.
- At least 1 event on every month till summer.
TA :
+ Correction is over.
+ Holding on the bullish support.
+ Moving averages are still bullish. (Green line : 50MA, Brown line : 100MA, Purple line : 200MA)
+ RSI is bullish too.
+ Very oversold in last month, it will be bought in this month.
+ Just gave bullish reversal sign yesterday on XEMBTC chart.
+ Whole cryptocurrency market is recovering.
MACD and Volume are not satisfying but already dipped and possible to get normal & bullish. Looks like it will go into a horizontal congestion trend which is a buy-zone in March.
Targets : Fib levels.
Stoploss : 0.30 USD.
Time : April & May. Also possible to make a breakout in March.
Good luck Do your own research.
Please comment if I have mistakes.
$NEM Nearing BottomAfter all the FUD begins to settle we will be seeing continuation.
We just finished the ABC retrace out of the previous market cycle and landed back on support of the 1 wave.
This is a classic .88% retrace which is familiar inside altcoins.
Oversold on the 12hr RSI.
We need to see how prices react to the .88 but overall im bullish.
If we fall lower than the .88 a full retrace will be likely.
XEM bullish flagsMACD is crossing and approaching 0, Stochastic RSI = oversold, reversal.
TP 8000 sat
There is some FUD in the market due to hacker trying to sell at the exchanges(now tried to sell on reddit, be aware). However, I've been watching a 50 BTC buy wall( 22 BTC already filled) on Bittrex since afternoon for 6000 sat . For current volumes on Bittrex this accounts for 25% of the daily trade. This guy knows something? Bullish signal? Or is it related to recent hacker issue?
For me still this looks like a good entry with 1st bullish flag affirmed.
XEM/USD Cryptocurrency Markets Haven’t Stabilized YetHere we have XEM/USD on the 4H chart.
The past two to three days have been somewhat positive for most cryptocurrencies as ETC/USD, LSK/USD in existence. After a terrible weekend and start to the week, most markets have reclaimed a lot of lost value. We are still months, if not years, away from seeing new all-time highs across the board. NEM is one of the few altcoins to have lost value relative to both USD and BTC in the past 24 hours.
As we can see the current NEM price dropping below $0.55 again, things are not looking all that impressive. Even though the NEM price reached US$0.60 following the massive dip to US$0.40 a few days ago, things are now starting to head in the right direction.
I am expecting XEM to get back up to the higher levels soon but slowly.
Bare in mind, that
Now we are seeing a minor NEM price correction, there is a new buy opportunity for cryptocurrency holders looking to diversify. Bare in mind that NEM rise hit an all-time high of US$1.90 (03-01).
Dont forget to follow if you want to be noticed
XEM/USD - 2/8/2018NEMs price is holding up strong while many others continue to decline. At a recent peak in the price, XEM created a head and shoulders pattern which sparked a reversal and a bearish push until the EMA(200) and around the 2/1 Gann fan line. This push has now completed the head and shoulders breakout and the price is ready to rise once again. The price has used the EMA(200) on 5 occasions since July (including the current testing of this level), this brings me confidence when claiming that the price is expected to start its bullish push once again to continue its long-term trend. This level is also backed and supported by the 78.6% fib retracement level and the fact that the RSI was very recently oversold. There is currently no divergence but seeing as though the volume is expected to become bullish again when the RSI increases, the price will increase accordingly. Due to the head and shoulders patterns breakout completion, the neckline of this pattern becomes a strong resistance level which is the basis for the first price target in the bullish direction. The second is characterized by the top of the right shoulder and a level the head used as support when it was almost completed.
Important Resistance Levels: $1.29, 0.839
Important Support Levels: 0.357
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Arham Bheda
Senior Research Analyst
NEM , long-term Buy opportunity of XEMUSD, Don't miss itTechnical analysis:
NEM is in Down Trend but Beginning of uptrend is expected.
In Daily chart , A two-day hammer candlestick pattern was formed which is the first sign of the beginning a Bullish Trend.
In 4-Hr chart , There is a valid and clear divergence.
The price touched the strong downtrend line in Daily Chart . It is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 38 .
Trading suggestion:
Price is in the support zone (0.516 to 0.336), traders can set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (0.516)
.Ending of entry zone (0.336)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take profits:
TP1= @ 0.850 (First Target)
TP2= @ 1.151(second Target)
TP3= @ 1.305(Third Target)
TP4= @ 2.146(Fourth Target)
TP5= @ Free
NEM/XEM Ready to Go w/ 400% Potential Mid Term (MED RISK)INDICATORS
MACCD levels look good on daily and weekly charts
RSI is decent
MMAR is very positive
Drop in price is still possible
INTELLIGENT PREDICTION
Short term (1-7 Days) - -10% - 40%
Medium term (1-3 Month) - 90% - 400%
Long term (5-12 Month) - 750% - 2,000%
MAKE SURE TO FOLLOW US TO RECEIVE UPDATES ON THIS TRADE
NEM BreakoutHello everyone,
Hope you're not totally fucking dead from the overall bleed recently. It's not expected to continue much longer. Anyways,
NEM looking nice right now. It has one of the longest historic support lines I've ever seen on a coin and the recent fucking hasn't hurt it. The downward ceiling on the wedge isn't as strong leading me to believe it'll break upward once the market cap stops falling (it should bounce off of support soon). See my chart for details - target buy in is right around now.
Thanks for reading!
I take tips! If you'd like to donate a small amount for reading my chart and TA I'd greatly appreciate it.
Litecoin: LcAeke9vi5vRapWYtqqqNKJdHBj7JrBVit
Ether: 0x9e90C8FC1De9388B8B25bB2f6cdB57a078609626
Bitcoin Cash: 1GEi9pEs96kQAodGYeFTqD3xZJhLoviS9h
Bitcoin: 16vPk7wGME3oqNoav6J599a6cHtyZsbLAx
Any help is greatly appreicated - I'm trying to trade the same as all of you.
Weekly Review of top 10 Cryptocurrencies 1.01.18 - 7.01.18It’s Monday, which means it’s the time for the #WeeklyReviewofCryptocurrencies
During the first week of the 2018, the main cryptocurrencies significantly increased in price.
Bitcoin’s price increased, however its share in total cryptocurrencies’ capitalization fell to 34%
It seems that significant money of the investors flowed into the grown Ethereum, Ripple and NEM
Investors are buying more and more different cryptocoins. The number of “billionaire-coins” has already increased to 43 (out of a total of 1384).
And the total capitalization of the market surpassed $ 800 billion
Bitcoin increased by 18% from $ 13,773 to $ 16,215, also visiting the $ 17250 mark.
On the weekly chart, the rate, pushing away from the fast moving average, recovered the half of the bearish takeover which occured at the end of last year.
On the daily chart, the indicator "Crossing moving averages" today will give a buy signal if the price is kept above $ 15,000.
This technical picture so far confirms the reversal of the trend from dizzying growth to a fall or at least to a flat.
Taking into account the fact that the customers managed to return a significant part of the losses of the previous week, it is more likely that the flat trend is in the range of 11000-17000
Recommendation: Closing long positions on the rises of the rate (15000 and above). Aggressive traders can start the short game. However, you should keep in mind, that even with a general scenario of a reversal of the growing trend, it is quite possible that the rate might re-test the maximum at $ 19,000
Ethereum soared up by 51% from $ 737 to $ 1116, having reached the absolute maximum and recovered the lost 2nd place in terms of capitalization among the cryptocurrencies. At the moment, Ethereum weighs $ 118 billion.
Closing near the maximums of the previous week, Ethereum confirmed the strength of buyers at current price levels.
Keep. Buy on rollbacks to $ 900
Ripple (XRPUSD) increased by 40% during the week: from $ 1.96 to $ 2.75, reaching a maximum of $ 3.53 and claiming the 2nd place among cryptocurrencies, but just for a while.
Incredible growth continues after doubling in price over the past week. In just a month, Ripple has risen in price by 10 times!
Now its capitalization is about $ 100 billion
Sell. Buy again from $ 1.5
BCHUSD for the week grew by 7% from $ 2358 to $ 2526
Consolidation on an Increasing Trend
Buy
Litecoin increased by 20% during the week: from $ 225 to $ 271,the maximum being at $ 320, the minimum at $ 205
Consolidation continues and is close to completion.
Buy
DASH grew by 15% from $ 1007 to $ 1157, reaching $ 1322
flat correction on a growing trend
Buy
NEM soared by 80% during the week: from $ 1 to $ 1.80, also reaching $ 2.15
Increasing growth. After a month and a half it became 8-10 times heavier
Keep. Buy about $ 1.5
Monero grew by 21% from $ 330 to $ 400
Resumption of growth
Buy
NEO grew by 33% from $ 75 to $ 101 reaching $ 130
Continuation of growth and new maximums
Buy
IOTA grew by 17% from $ 3.5 to $ 4.08
Consolidation on a growing Trend
Buy
We wish you profitable deals and follow our reviews!
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