Breaking above descending channelBuy Signal from the UCTS alert me about this one.
$XEM Trying to break above the descending channel that is playing since December 7th.
MACD Bullish and RSI rising, starting to cross over Ichimoku cloud,
Currently sitting on EMA50(green),
Targets/resistances on the chart #XEM
XEMBTC
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
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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.
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.
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
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
XEMBTC SOON BREAKOUT
XEMBTC situated into a falling wedge which means we will have a nice upward breakout. Stochastic at 1D it s oversold and MACD also slowly will curbate up
What is important also,we have SUPPORT from ichimoku cloud at 1D timeframe so we can make few bucks with this trade.
We have fib supp at 1658 sats but here also it s a good entrypoint
NEM bounce area after correction, catch it now!Hi all, NEM looks now that is in possible bounce area (buy range), we saw some nice move from 12.Nov to 8.Dec (50% up), correction in progress now, if there will be 3 correction wave end, is possible strong move up. around 1700sat is most buy sell orders, so its strong support for NEM.
Stochastic oversold, almost crossing now.If there will be bounce and we see first and second impulse wave possible Head and shoulders pattern.
targets:
2000sat
2400sat
stoploss: under 1400sat
I will be update it.
If you like my work please leave some action here
Thank you
Horizontal Channels, Easy trades.#NEM seeing $XEM trading in a big horizontal channel.
With a spike in volume around November 10-13 where it break above and formed a new channel.
How to trade this?
Buy when it touches lower, sell at upper. Alerts at 2100 - 1750sats for upper and lower bands just in case!
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 !!
XEM.....WOW....Just WOWCheck what i've stumbled across.
I've been looking at smaller time frames. Eg 1hr and 4hr charts. But i zoomed out, changed it to the daily and couldn't believe it :)
If you don't know what this is, it's a classic Cup and Handle formation.
XEMBTC going to the moon!!!!!!!!!!!!!!!!!!!!!!!!!
XEMBTC come back to hit trendHi All
Well finally XEM has come back to hit it's trend and now currently for a H&S
This coin has been consolidated so much over the last 2-3 months, this is a coin that once it gets going won't stop.
IMO and DYOR ofcourse
Im buying right now at 1800-1900 sats
Sell target between 2900 - 3100 sats
NEM is a New Economy Movement. Still downward. XEM/BTC analyticsBUY: 0,00001650- 0,00001680
BUY: 0,00001480- 0,00001505
Support: 0,00001650
Resistance: 0,00001965, 0,00002127
Over the past few days, the asset price behavior has changed. If it chart was a mirror image of Bitcoin early, now NEM goes along with the main cryptocurrency.
The weekly chart says that it is likely to price fall to 0.00001480, while on the daily chart we see strong support at the level of 0.00001650. Reaching this area, the price may stay into consolidation or bounce up.
December 19, 2 times higher trading volumes were recorded, than the previous 2 weeks. However, the purchases that led to an increase in the rate ceased quickly and the whole volume was sold out during the trading session. The entry zone into the asset lies within 0.00001650- 0.00001680, in this range we open a long deal for a small part of the deposit since there is a threat of breaking the support and plunge the price to 0.00001480. Gain a long position in this zone. The first line of resistance is 0.00001965, quite strong and protected by bears. Therefore, it is necessary to monitor the activity when approaching this zone. If we break through it, then the next resistance will be at the level of 0.00002127.
XEM/BTC looking for critical supportAfter trending sideways for some months, we observe XEM breaking out above its 50MA (green) and the overhead resistance (0.00001650) with a huge surge in volume.
Since November, XEM has been trading in an upward channel, until its recent break to the downside the past couple days. Failing to breakout from the long term moving average 200MA (red), it seems that its looking for the 50MA (green) or previous resistance level (or new support level). An imminent golden cross may seem to be forming, signalling huge bullish move - this occurs when a shorter term MA (green) crosses over its overhead resistance being the longer terms MA (red).
However, it remains to be seen if this pattern completes itself.
XEM BTC RETRACEMENT
XEMBTC situated into falling wedge and probably can touch top of this channel which is 2293 sats and after will make a breakdown(correction) after 42-57.52% gains
We have a bear cross at stochastic
MACD need a down correction but to remain bullish they need to stay above neutral zone -0-
RSI bullish, near overbought zone
Or from here 2051 sats or between 2051-2293 sats will going down to make this correction.
FIB supports are: 0.618 1963 sats, 0.50 1861 sats and 0.382 1759 sats which is also a support from ichimoku cloud. I m solded XEM at 2102,i hope Will make this correction :)
I m waiting for re-entry :) long term it s very very bullish