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XEM

XEMBTC UPDATEXEM has broken out of the triangle and also the downtrend. It made a strong push up over 2 4 hour candles, pulling back to the 61.8 fib level. It is now retracing to retest the previous resistance (now support). I took a risk and entered this trade before it broke out and currently i am still in. Depending where this next 4 hour candle closes will see me either holding on for my original trade target but if it is looking like it may break down i will exit for a small % gain. Watching very closely over the next 2 hours.
Long
by JB110011
1
XEM/BTC What about alts?Some time ago XEM showed very small volumes, which increased with the last fall, this is explained by the approach to a delicious price about 30k sats. You can also notice that after the jump there were large sales, but without great consequences, which also means that we are waiting for a better price. Besides it was profitable to trade short trades with stop loss, which contributed to the formation of a triangle with an entrance from the top to down. Because of this we expect a fall, which confirms the Stoch indicator. RSI shows overbought. Analysing the data, we can say that the formation of class C convergence will be the beginning of a new growing trend, where the price should rebound from the level of non-return, namely, the strongest support at the moment. In case of breaking through this support, we are expecting the formation of a new global downtrend, so we put a stop loss based on the ATR indicator: stop loss at 2850sats. What about fundamental: A production-ready enterprise version, along with open source and commercial licensing, are planned for the second half of 2018 - this is quite a big news, which should affect the asset quite positively!
XLong
by BillCharison
$XEM BTC - the good ole 1-2 punch 57% gain 1:5 risk/rewardGood day traders This is an update to my previous idea on XEM. Please see that idea in the related ideas section below. I typically don’t like complex charting because with complexity, we have more noise. However, with XEM’s pricing action being so complex, we enlist the help of our friend the Gann Fan Here you can see multiple points of confluence validating the possibility of higher price action. We have an ABC correction and immediately after that, an impulsive wave with a sharp correction back to .618. Notably this sharp correction led us back to our RSI support, which was once resistance. We can expect the RSI to only go up from here. Ladies and gentlemen, I think we may have our first 1-2 punch here Entry: 3913 Stop: below 3521 Target 6200, take profit from 5500 and up Risk / reward ratio: 1:5 If we find ourselves below 3521, we’ll likely revisit the lower Gain region of around 3200 so make sure your stops are in place. Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe! Kinashi-San *For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
Long
by Kinashi_San
1
Weekly review of 10 main cryptocurrencies 07.05.18 - 13.05.18Last week main cryptocurrencies fell substantially from the maximums they had been reaching for 5 weeks. Bitcoin reached its minimum of $ 8’200. Its share in total capitalization rose to 36,9%. The number of billionaire-coins decreased to 24, and the total share (according to coinmarketcap.com) decreased to 1’610. The total capitalization of cryptocurrencies fell to $ 394 billion. Bitcoin declined by 10% from $ 9’650 to $ 8’680, its minimum was $ 8’200. The local peak of around $ 10’000 is designated. The first target of growth correction: fast moving average around $ 8’300 is reached. If the decline continues under $ 8’000, resumption of medium-term downward trend with the prospect of retesting $ 6’500 could be. Until overcoming $ 10’000 long-term technical picture remains bearish. Ethereum decreased by 8% from $ 790 to $ 730 during the last week, the minimum was $ 640. Ethereum failed to stay above slow moving average and adjusted downwards. However, the decline was slight. And the slow moving average is not yet declining. Further consolidation between $ 600 and $ 800 is most likely during current week. Ripple (XRPUSD) decreased by 16% from $ 0,87 to $ 0.73 during the last week, the minimum was $ 0,62. The key resistance zone of $ 0,9 - $1 turned the market. The further decline is more likely. BCHUSD fell by 16% from $ 1’760 to $ 1’480, the minimum was $ 1’260. The rate came back to the key resistance zone of $ 1’400 - $ 1’600. It seems that its previous upward break has been false. The prospect of further growth is now rather tenuous. Litecoin fell by 17% from $ 173 to $ 144 with its minimum of $ 130. It is an obvious turn from growth to decline. The further decrease to support of around $ 100 is likely to happen. IOTA decreased by 13% from $ 2,3 to $ 2, the minimum was $ 1,7. The key level which was $ 2,2 turned the market. The further decrease to $ 1 is technically more likely. NEO fell further by 19% from $ 84 to $ 68, the minimum was $ 59. The resistance near $ 90 was the place for the resume of sales. While the rate is less than $ 90, the further long-term decline with the first target of $ 45 is more likely. Monero decreased further by 12% from $ 236 to $ 207, the minimum was $ 190. Active sales resumed. The further decline is more likely. DASH decreased further by15% from $ 487 to $ 414, the minimum was $ 373. The bears are back on market. The further decline is more
BITFINEX:BTCUSDShort
by icexch
XEM Being added to Abra causing the pump? And buy the pullback?NEM Gets Added to Abra Abra is known to be one of the most cost-effective digital wallet applications, and getting listed on this payment service provider makes a big deal for any crypto. That is how NEM became a part of a total number of cryptos that are available on Abra digital wallet. NEM has been added a couple of days ago along with four other currencies, which means that all Abra users will now be able to buy and sell NEM, Monero, Verge, NEO, and Lisk. Abra stands for one of the most cost-effective ways of keeping, buying and selling cryptos because this digital wallet app doesn’t ask for a deposit. In addition to this case, Abra also takes no charging fees for the trading of the listed digital assets. Altogether, these features make Abra a pretty desirable crypto service provider. With Abra, all listed coins have, in a way, gained an advantage in oppose to their peers, simply because Abra makes it pretty easy to trade with cryptos, which means that users who are having difficult time finding their way around exchanges, will find Abra pretty easy to use as it is made to be user-friendly ultimately. Simultaneously, NEM, along with other currencies is getting a higher exposure which contributes to the accessibility of the coin. NEM Joins Hands with Paytomat Another great addition to NEM team is the most recent tie-up of Paytomat and XEM coin. Although this conjoining means that NEM will get more on its value; Paytomat has even greater interest in NEM and its technology. In case you haven’t heard about Paytomat, it is a payment service provider specialized in dealing with cryptocurrencies. While NEM is supposed to get a hold of mass adoption with Paytomat, which would consequently increase its value, Paytomat is looking to find a perfect network to support their future ventures. That is how they concluded that NEM makes up for the ideal choice based on what they are looking for in a digital asset. Paytomat is based in Ukraine with Yurii Olentir as the head of the team. As their CEO, Olentir has stated that Paytomat is looking for a platform that would be able to provide fast processing time along with low fees for every transaction made on the platform. In addition to these features, Paytomat is looking for a platform that has a strong dev team behind it as well as a potential for scalable infrastructure. Yurii Olentir also stated that NEM’s features match all the requirements for the venture Paytomat is planning on going through. Further on this matter, Paytomat’s CEO claims that he had used XEM coins for paying for his coffee on one occasion. As he said, this assured him that NEM is ready for the mainstream waters. With this joining of forces, Paytomat should become a more functional platform for making fast transactions while NEM will get to enter a new phase of mass adoption. How is NEM doing at the Current Moment? NEM (XEM) is following up with the current trend in the market, which means that this coin is being traded in the green against the dollar, along with the majority of other currencies. Dealing among top 20 cryptos with the ranking of the 14th best currency according to the global coin ranking list, XEM had another rise today, trading up in the green against the dollar by 4.30%. In addition to this rise, XEM is also going up against BTC, which means that this coin is doing slightly better in the market at the current mo
XLong
by MikeCesSr
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
BITTREX:XEMUSDLong
by ForecastCity
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
BITTREX:XEMUSDLong
by ForecastCity
4
Another one dump.Seems to be endless, but testing of longterm trendline @logarithmic chart should give here some support, if not 10cents is imminent (or around it). Last buy signal from RSI gave some bounce but move from 20cents to 40+cents is a small correction in this downtrend. XEM reacts of course more nervous than BTC to dumps in the wide scene of cryptomarkets. My view however is unchanged. NEM will surge from his dips. Maybe even in this year if not in the next. Cup&Handle formation can be formed much longer, as it was in case of BTC.
BITTREX:XEMUSD
by orminlange
NEM Downside CorrectionNEM has reached the high at $0.46 and then formed a strong resistance at the 76.4% Fibonacci retracement level, which is $0.44. The resistance has been rejected for tree consecutive times suggesting the corrective move down. XEM/USD first downside target is seen at $0.34, where resistance was formed back on the 20th of March. Second support is based at 23.6% Fibs, that is $0.27 and this is the area where the 200 Moving Average was broken. It is important to watch these resistance levels for either a rejection of a breakout, but only break and close below the $0.27 could be a confirmation of a downtrend continuation. On the upside, clearly the resistance at $0.44 in general and $0.46 level in particular must be broken, with the daily close above it. In that case the uptrend is likely to continue and could result in exponential growth.
POLONIEX:XEMUSDShort
by CryptoPAMM
2
There is a possibility for the beginning of uptrend in NEMBTC .Technical analysis: NEM/BITCOIN 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 41. Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. There is a possibility of temporary retracement to suggested support zone (0.0000390 to 0.0000287). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.0000390) Ending of entry zone (0.0000287) 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= @ 0.0000476 TP2= @ 0.0000578 TP3= @ 0.0000700 TP4= @ 0.0000828 TP5= @ 0.0000957 TP6= @ 0.0001370 TP7= Free
Long
by ForecastCity
1
There is a possibility for the beginning of uptrend in NEMBTC .Technical analysis: NEM/BITCOIN 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 41. Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. There is a possibility of temporary retracement to suggested support zone (0.0000390 to 0.0000287). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.0000390) Ending of entry zone (0.0000287) 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= @ 0.0000476 TP2= @ 0.0000578 TP3= @ 0.0000700 TP4= @ 0.0000828 TP5= @ 0.0000957 TP6= @ 0.0001370 TP7= Free
Long
by ForecastCity
1