Is is good to sell XEM now?!Buying coins with good news always lead to losses.
Let me explain why:
Good-great-exited news coming from projects always when price peaked or heading to overbought areas and gives short-term small profits.
Remember WAVES
Remember TRX
Remember XRP
Remember XLM
But for common investor-long-term-trader it gives loss.
What about coins with bad news?
Let's figure out with XEM trade.
Price can go to previous lows near 800 level, so control you risks if price go below 900.
And spam some bad news about XEM in comments;)
Good Luck and Have Fun!
XEM
XEM - up to 1200% PPT! Long term trade.XEM (NEM) is one of the oldest and solid project in the crypto space. Recent news about funding can be described with one word: "FUD".
For me it's great opportunity to buy.
XEM is going to release Catapult later this year with 4000 TPS.
This project has one more great advantage - 0% inflation rate.
TA details:
Bullish divergence on weekly chart;
Oversold RSI;
Falling wedge on weekly;
It's landing on 3 year support (around 1100 sats);
Trade carefully and do your own research.
Good luck!
Nemo Will there be a second life?Greetings from Benice team!
Today we are going to have a look at a coin which has recently received special attention. It is Nemo.
Some facts describing the NEMO project:
> It has an interesting POI (Proof-of-Importance) consensus. Anyone who installs a masternode can get a reward, although the account balance should not be less than 10,000 XEM coins.
> The network has 9 billion XEM, and this amount is final, there will be no more emissions.
> The coin had been in the TOP-10 at Coinmarketcap for a long time.
> Except for the pairs against bitcoin and dollar, it is traded against South Korean won.
Interestingly, the coin was at its minimum at 0.0000081 BTC on December 7, 2017, but just a month later, on January 7, 2018, it got to 0.00013669. Thus, its price increased 165 times. Prior to that, a similar growth rate to the same levels happened in May 2017.
Let us omit all the fundamental and news background and turn our attention to the chart.
As for the technical indicators, it has almost fallen to the bottom against South Korean won. This is the first buy signal.
Despite being traded in the red, the price against the dollar is holding. It is the second buy signal. Although still there is a potential for a drop: 0,027 is the first potential level, and 0,023 is the second one. The last level is 0.007. If it goes below this level, the coin will be unlikely to grow back and it will finally die.
The potential for a drop to 0.00000832 against bitcoin is the main target. The lower levels of 0.00000531 and 0.00000289 are bearish. You'd better enter the transaction when the level of 0.00001250 is broken out. In this case, your targets at the top would be 0.00001669 and 0.00001971. If it grows higher than 0.000023, then the target would be 0.00002785. If you trade at these levels, you'd better wait for a signal. (We are definitely going to publish it in the update of the review).
The coin cost 0.00010221 BTC at the moment of listing. If the growing market cycle is back, we will witness these values, because prior hypes were characterized by the conquest of the level.
Subscribe to our updates. We are going to inform you about the latest transactions under this review.
Don't forget to put a thumb up! :)
XEM, where to go? XEM, pretty interesting token, but almost died. Let's begin.
The price is forming the new bottom. Above we have a consolidation cloud. It's a resistance zone now.
Let's take a look on the first possible scenario. The price will make a new bottom and will go to the resistance zone, and then, the downward movement will continue.
And the second scenario is based on the fact, that we will break through the resistance zone, and then go up to the grey trend line. If the movement will strong, we can expect the price at (1763) as well, but, I think, the grey line will stop the movement and the price will correct.
$XEMBTC Long, R:2.09What a good trade setup here.. 4h RSI div in 18 bars.. (generally dont prefer over 14 but this looks nice to me) Strong support hold at 1164.. Safe trade if BITFINEX:BTCUSD doesn't choose to make a surprising move..
Daily Bullish Signal $XEM #XEM (01 Feb 2019)BLUE 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
NEM breaking point, possible strong move...
Hi all, NEM in this situation after rallye from 1450sat to 2150sat in correction now, but there is trendline 3x tested, and we are near.
If there will be buy interest and Nem bounce from this trendline, can be similar or stronger situation like in November. We will see soon.
Be careful, BTC is unpredictable now, I think that soon we see another drop to double bottom like in previous analysis, check it.
So I get stoploss here around 1390sat if 1D candle close under this area.
Thank you
I will be update it
NEM Trade Update [XEMBTC](100% Profits Potential)Here I am sharing a trade for XEMBTC. NEM (XEMBTC) does great numbers when it moves and it goes for long.
- Retrace has been completed and we have bullish divergence building up on the MACD.
- This will most likely consolidate further but it can move in a weeks time.
- Here is our trade...
Trade instructions for XEMBTC by Alan Masters Trades
Buy in: 0.0000147 - 0.0000159
Next support: 0.0000133
Targets XEMBTC:
(1) 0.0000186
(2) 0.0000216
(3) 0.0000276
(4) 0.0000316
Stop loss: Close weekly candle below 0.0000125.
Capital allocation: <10%.
I AM BLESSED WITH ENDLESS OPPORTUNITIES ALL THE TIME
If you miss a trade, don't worry... More opportunities will always be made available to you.
Opportunities are endless... I accept it.
I deserve great.
I accept growth.
I believe in myself.
Thanks for this great experience.
I accept all the positive blessings that are coming my way.
I'll be waiting patiently... Thanks, thanks, thanks!
Namaste.
P.S. Being grateful, is one of the most effective ways to attract wealth.
$XEM stop run before the breakoutThe last spike just bellow support that held for over 10 days, looks a lot like a stop run to me, just before the breakout. If it breaks 1610 sat, I will consider it a real thing. Also risk to reward is better than on most other breakouts I'm waiting for.
XEM - 62%+ Potential Profits! [FREE TRADING SIGNAL]Pair: XEM/BTC
Exchange: Binance
Trade Duration: Long
Risk: Low
Technical Analysis
- R/S Flip (1D Chart)
- Holding 0.786 Fibonacci Retracement Support Level
- Broke Downtrend (RSI + Bars)
- Potential Double Bottom (1D Chart)
Our Entry Zone
0.00001540 - 0.00001600
Our Targets
1: 0.00001650
2: 0.00001850
3: 0.00002170
4: 0.00002500
Our Stop Loss: 0.00001495
If you liked this analysis, hit that like button and give us a follow!
Have a great day,
Crypto Eye Team
------------------------------------------
DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
NEM / Bitcoin (XEM/BTC): All The Supports, Pivots & Resistances>> efcindicator.com (Special Discount) - Find Winning Trades In Seconds!
NEM / Bitcoin (XEM/BTC): All The Supports, Pivots & Resistances – Short-Term
Tick tock, tick tock! Time is running out for #XEMLooks like the end of the road for #XEM. It has lots of RSI divergences on different time frames in last days. Try to accumulate #XEM at these prices and hodl it for huge profits.
NEMXEMBTC
Uptrend, local correction, at the support line, RSI in oversold deep zone , have strong resistance level with negative MAs.
Waiting the bounce!!Update on #XEM.Sadly it never showed signals of bouncing at the resistance level.
Look how easy it was to follow the trend with the Ultimate Crypto Trading Strategy.
It never showed up a buy signal (20% up from sell at the very top). next support would be at 1570sats.. $XEM
$NEM $XEM Moment of OpportunityThing that i love the most during the bear market is that when you can find a good fundamental one at a bargain price. NEM ultimately has been survive through out the years. It's not a surprise that they can also survive through this one and we bet so. At the time being, i'm not only can talk about it's chart but also it's fundamental background and it's development so far.
But time to be saved, it's just so obvious with the coin which having position in top 20 in coinmarketcap.com and awesome projects, partnerships and boot-camps, we believe that NEM can grow even better from today's position.
This is not a financial advice, you should check on them by yourself and use our opinion and view as only your reference, and not the only factor you should make any rush decision.
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TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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XEM: Falling Wedge Ready Next impulse !!Buy Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!