New Economy Movement Falling Wedge Reversal..XEM/BTC GAINS!XEM is another top altcoin which has been in a big bearish market as we can see and we can see that it has been making a reversal pattern in its bear movement and now we are at our ultimate bottoms, however we can see that we are still inside the wedge and there is still room for downward movement so we should wait for the bounce from our trend line which will get us out of the wedge and the green price zones are our targets and the blue prices are our next supports if we go for more downward movement.
As I am more of mid/long term trader the price we have now is pretty attractive for me and may be a buy in however if you are for instagains then you should probably wait for it to get out of the wedge.
Bullish inedicators:
-EWO - we had a bearish divergence which got rejected by the green wave circled in the graph, and now we are having bullish divergence
-STOCH - has started moving from oversold are and now we are going up
-MACD - strong bullish divergence on MACD (trend has made 3 touches and now we are going for the 4th one, if we bounce from this touch this is a very strong bullish divergence we are having on MACD)
Details of the trade:
Targets:
1. 0.00002029 BTC
2. 0.00002228 BTC
3. 0.00002532 BTC
4. 0.00002735 BTC
Stop loss: well if we are joining the trade now then our stop loss should be 0.00001490 BTC and we can sell there and buy at lower prices(the blue prices shown)
Buy-in: 0.00001495-0.000016 BTC and if we go for downward movement inside the wedge then you are free to buy at the blue prices.
Good Luck, Traders! #moon #mooncommunity
XEMBTC
XEMBTC Dead Man Walking....Follow HimXEMBTC NEM BITCOIN Dead Man Walking
NEM is another coin being marched down a slow road to oblivion.
Once 15 is broken it should fall away to 12 and then 9.
Continue to sell rallies back to the upper dynamic and/or the break
below 15 when it comes.
48/7 36/5 25/4 18 15 12 9
XEMBTC Potential Weekly SupportXEMBTC has been on a downtrend along with all cryptocurrency assets since January, this week we are looking at some relief on the selling pressure. Coins are randomly pumping out of nowhere after being exhausted and taking this in account along with XEM being a solid platform, we believe to have a small swing trade opportunity. ADX is on all time low, and considering that volatility is all time low too, it could indicate a sudden move up which is something that goes accord to the "story" of the current cryptocurrency market, my own targets are posted below.
Buy: 0.00001670-0.00001680 ; SL: 0.00001572
Target 1: 0.00001749; Target 2: 0.00001799; Target 3: 0.00001839
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XEM - Fractals - 1000% potential An interesting pattern can be spotted by XEM.
My point of view right now:
It depends on BTC now. If BTC remains stable/above the 6K area, The area where XEM is in right now would be a good buy moment.
If not --> The next area is in play for XEM.
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What I'm doing right now:
DCA a part in this area, leaving some back up money in case XEM drops further. In case it doesn't drop to the lower area, I'm waiting for a clear sign of reversal and buy in a bit higher.
In conclusion:
No need to hurry right now, focus on a good strategy. There is a high possibility that you'll gain 1000% in a few months of time.
$XEM, Continuation…
Weekly
Looking at our trend timeframe we see price is making its way towards 1600 support level, stochastic rsi showing momentum is heading towards the downside with no sign of slowing down. Expecting a bounce of this level, but will be watching BTC closely for radical movements.
XEM down before bright futureLong time did not write about it
Situation is more than awkward.
If you have a strong believe in XEM you may start buying it as this fall will end eventually. Most important in the worst scenario you will lose half of your investment.
If you believe in XEM but you do not want to risk you may want to wait till next target and it will be around 1450 -800 price range
Where will find ground and if we will find ground there I cannot say it for you.
My plan is simple: if BTC will start a bull trend I will go in buying XEM not matter if the BTC/XEM will keep falling. If BTC will continue bear trend I will enter XEM/BTC trade only if I will see some pump or whale interest in it.
XEM goin longggggXEM New Economy Movement is setting up for another 3 drives, A third wave or just simply trust in the fractals and how the past proves present. Also the momentum is showing a tight ening divergence as it did in pat followined by MASSIVE gains. Which ever works for you but XEM is primed and ready as are so many others but XEM is definitely one of the more solid and established projects in the cryptosphere today. This year i BELIEVE REPUTATION AND HARD WORK ARE GOING TO BE STRONGLY LOOKED AT IN ORDER TO WEED OUT TRASH PROJECTS THAT ARE GIVING CRYPTO THE SCAMMER VIBE. 2018 IS A NECASSARRY STEP TO A FLOURISHING CRYPTO ECONOMY. long xem GOOOOD LUCKKKK
NEM/XEM TO REPEAT CYCLE WITH 450% ? - MThis is a medium term trade since we are near our demand zone. Chart is self explanatory as always. If you're a member you will be receiving updates on this trade privately. If you follow me, partial updates will be available.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
XEMBTC is going to break the triangleXEM follows a downward trend, but it forms the possibility of a double bottom which is confirmed by EMA levels. This gives the opportunity of further growth. The price has reached a corrective rollback of about 80%, and the level of Fib 0.786 is often reversal. XEM has a good chance of impulsively breaking through the local resistance and breaking the triangle upward achieving the goals that are in the signal.
XEM - get ready for the RALLYHey guys,
This time i'm taking a look at XEM.
As with most altcoins,this seems to be resting at the very bottom of the white line of the triangle,that's been confirmed at least 5 times.
Problem is,we were in the same situation with the green-triangle support line that we broke under.We still lack the volume necessary to get this growing.
How to trade: My advice would be to wait and see.A breakout out of this triangle would imply the appearance of a Golden Cross,which is one of the clearest signals in technical analysis,once it's confirmed.
(Golden cross= a bullish breakout pattern formed from a crossover involving a price's short-term moving average breaking above its long-term moving average >>>In our case,200MA crossing under 30 and 50 MA<<< )
You can use the ''Blockfolio'' mobile app to set some alerts on the price,in order not to miss out this potential opportunity.
Chances are,break out of this triangle UPWARD ,so if you really want to get into this trade now, you can buy and set a stop-loss at the 2389 satoshi line ,just to be sure you have your funds protected.
As always,i hope everything plays out according to plan,so that we all get to benefit from this.
Cheers!
xembtc long buy zone for XEM, in addition the price breacks the downline trend and forming a cup and handle
XEM LONG TERM BTCThis char resumes the actual stage of XEM, xem brokes his downline trend and forming a cup and handle, this is not a god tecnical analysis however you could take an eye on it
#XLM #BTC
XEM BTC waitWhat do I see do not makes me feel good.
I do have a good sentiment to XEM as it made me ear a lot couple of times last year.
XEM BTC 2800 mark we will test. If brake down next target to buy in will be 2000 and 1600 range.
There is no clear situation right now so buy now means a lot of danger for yourself.
Wait for my update, as I will keep tracking this coin and will announce when you are free to buy in.
With some chance for trend reversal from BTC side...I have now 1BTC for 6320$ and set pending order to buy XEMs for 0.1BTC @ 1900sat level ( total cost in USD terms will be 12cents = 0.000019x6320), and another one chunk for 0.1BTC @1000sat (real cost 6.32cents for each XEM). I am also prepared for bearish scenario to load more XEMs if it will visit somehow 3cents level (in pair XEMUSD - for now it looks impossible but spikes down are welcome by me), see also
Target is to hold longterm (when XEM will reach marketcap around 50bln$ or more)
Not a trading advice!