XEMBTC---XEM---BREAKOUT ALERT!! Indicators Up-Holding with BTC XEM has been on my radar for a while. Today I found the 4hr 3 points I was looking for to feel confident the trend will continue to push through its resistance at 3440. In fact even the Aroon is just now crossing up. On multiple time frames all indicators and patterns match for a major move upwards considering the amount of time spend consolidating and accumulating. If XEM breaks out above resistance it looks to be a clear path above 2000.
Early Entry (tight SL): under 1440 -- SL 1350
Safe entry: 1480-1500 -- SL 1420
T1 & T2= for fast outs 1540/1635
T1 & T1= for full swing 1835/ 1935
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XEM
Update on $XEM, potential ascending triangle as continuation of
UCTS Buy signal active (10+%)
RSI & MACD rising
Crossed above EMA50 with sucessful retest
Crossing Ichi
Breaking above current resistance with volume should lead #XEM to ~1500 sats target.. =)
NEM (XEMBTC) Prints Bullish Divergence (90% PP)NEM Had a strong crash recently and its price dropped hard. I've been getting messages asking me to take a look at it... Here I AM.
We have several signals that are pointing to XEMBTC finding support, with the strongest one being the bullish divergence marked on the MACD and chart (red line).
Additional signals bullish:
XEMBTC is trading near the lower band of the Bollinger Bands.
RSI is massively oversold.
Good volume building up (check the 4H time frame).
Targets and stop loss can be seen on the chart.
Conditions for change: A break and close below 0.00000997 would invalidate the above signals.
Thanks a lot for reading.
Namaste.
Trying to stop falling after the "we are broke" news...$XEM Trying to stop falling after the "we are broke" news.
Currently breaking without volume(Warning) the descending channel.
MACD Looks bullish, RSI rising from oversold levels...
We can see a symmetrical triangle that can help to identify the breakout.. Set Alerts and wait. #XEM
Also on the 12h chart we can see a gartley pattern signaling some bullish movements but again no volume.
UCTS not showing signals on the daily.
I will update as soon as I see changes. $XEM
XEM next breakout coming soon TIP I just picked up some XEM due to many reasons, however it is recovered from its last move up. Indicators show a small move down before a continuation upwards.
Green marks entry
Red marks exit
SL 10% from entry
Major change in market for XEMAfter the bears being given the opportunity to control the market for months. The bulls are finally awake and hungry to look for an opportunity to take away that ability to control the market from the bears.
After a month-long downtrend and a heavy spike down in prices, an ascending triangle is forming with the prices of XEM finally breaking through the month-long downtrend resistance.
Traders could look to take a long position now with the prices of XEM being slightly below the support of the ascending triangle. Indicating that it is oversold and prices are expected to make a major change as it goes long
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XEM-BTC Long Trade PlanCommodity : NEM
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 5% to 14%
Prospective Loss : 2%
RRR : SL to TP1 is 1.9, SL to TP2 is 2.97, SL to TP3 is 4.31 and SL to TP4 is 5.41
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Daily Bullish Signal $XEM #XEM (1 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Failed to break, could retest again?Failed to break above above current descending broadening wedge.
Now retesting current support (remember we are ATL levels).
Bouncing from here could lead us to a breakout. Daily MACD still bullish, RSI flat...
Potential Targets on the chart
NEM XEM - Squeeze Breakout Pending!Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Oh boy where do I start here. This chart looks so good I don't know what to do with myself. Here are the key points from the chart:
1. Volume based resistance levels. Based on volume patterns, especially around November 12th, we see major resistance has formed here. This was proven when we fell through in early 2019 and failed breaking that resistance level. I expect a retest of that level.
2. A "double pump" could indicate (note I said could) a 1-2 1-2 pattern indicating a major impulse is possible. This would need a major breakout to complete the 3 wave but if the 3 wave extends more than 100% of the first wave, we're increasing our probability of a 5th impulsive wave to get us to 1629.
3. We're in a squeeze on the daily chart. This is important. This means we've basically gone sideways with little volatility. Typically there's a breakout of a squeeze then another squeeze gets entered and it breaks out in the opposite direction. We haven't broken out of the squeeze apttern but momentum is heading in the positive direction.
Now, we've got some room to work here. You could enter at 1095 but look for a tight stop loss. I've got my stop at 997 but you may want to use 1050 as a stop if you want to risk less capital.
Also, Brev, don't go all in.
Trade safely friends!
<3 -CE-
Megalodon Pro Automated Trader - XEM - Short Term BullNEM looks like a good buy for the shorter term.
In terms of BTC
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Long for XEM/BTCRising wedge forming to resistance at 1150.
Buy at 1130-1170 for long position
Potential of hitting 1650 at overbuy of Bollinger Bands - Up to 46% of ROI