XEM completing final leg of bullish Butterfly for upto 15% moveOn one hour chart, the price action of NEM (XEM) is completing the final leg of bullish Butterfly pattern, soon it will be entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Butterfly pattern should be:
Potential reversal or buying zone: $0.2245 to $0.2154
Fibonacci projection or sell zone: $0.2315 to $0.2485
Stop Loss:
The potential reversal zone area that is up to $0.2154 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 15% and as per the above-mentioned stop loss, the loss possibility is 4.10%.
Note: Above idea is for educational purpose only.
Nemusdt
XEM NEM Easy Targets - NEMXEM XEMBTC XEMUSDT XEMUSD XEMETHXEM NEM Easy Targets - NEMXEM XEMBTC XEMUSDT XEMUSD XEMETH
XEM update.Hello, traders.
Here is the update of our last idea on XEM.
You can check it on related ideas.
Push the like button and follow us on TV.
NEM/USD lags behind with growthtop altcoin growth made its way.
NEM lags behind with growth (idea)
There was a way out of the triangle.
Testing of the breakdown zone was.
Stop loss on the red dotted line.
Entrance after the green line breakage. ( Safe )
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
NEM/US DollarNEMUSD at EMA50 Weekly chart-
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
This caterpillar will become a beautiful butterfly?since we know that all XEM users will receive 1 to 1 catapult tokens, and at the same time, the XEM network will continue to function, we come to the conclusion that a bearish trend will end soon
Paired with the dollar, we can see consolidation.
If in the next month, there will be no catch from Bitcoin, we should see a breakthrough, a falling wedge
The caterpillar will again become a butterfly
XEMUSD formed bullish BAT |Upto 145% expectedPriceline of NEM / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
But Volume profile of complete pattern is showing that traders are still interested to trade below the PRZ area and MACD is still bearish moreover the Stochastic is oversold but did not give bull cross sofar, so for secure trade we can we can wait for MACD to turn weak bearish or stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.05332389 to 0.04410869
Sell between: 0.07502190 to 0.10839231
Regards,
Atif Akbar (moon333)
Imminent breakout due bullish pennant and divergence Hello fellow traders,
not much to say, one may expect a target between 0.11 and 0.12 if the pennant plays out (blue paths), probably it's going a lot higher mid term if it breaks the ascending triangle (violet paths).
See the attached longterm projection of XEM which has been quite accurate for 1.5 months.
One may buy in now but I suggest to wait for another bounce of the pennants support.
So the target price for a buy is between 0.082 and 0.084.
My advice is to buy in in steps of 20% or 25% of your planned allocation over the next few days.
Which should be between 10% and 15% of your equity.
Im not a professional financial consultant, so this is for educational purpose only.
Trade safe
XEMBTC DOUBLE BOTTOM WEEKLY Timeframe??
I m maded another chart because my opinion was changed a little bit about this trade.I tell you once again,is situated into a falling wedge which is a reversal pattern and we will have a breakout(upward movement) and also they can make a beautiful DOUBLE BOTTOM pattern at weekly timeframe which means INSANE PUMP like Waves. At stochastic we have bear cross and freefall , bull macd need to touch bear macd and also soon will be a deathcross at this timeframe which means we will going down from here a little
VPVR volume told us we are at a very very strong support zone .
To form this double bottom which is a huge reversal pattern we need to to go down around 1300 sats,if and when this played out we can make huge huge gains
Why i m expect a nice movement? Alex Tinsman & Co will release CATAPULT roadmap in q1 2019 and soon updates will come also
