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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XEMBTC
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!
NEM XEM RSI CRYPTO STRATEGYRate of Change indicator or simply put it the ROC indicator is another momentum indicator and as the name suggests it measures the rate of a crypto’s change in price and predicts future price movements.
Our RSI is applied over the ROC. So the RSI line is derived from ROC not the price.
Step 1 - Step #1: Wait until the RSI has a value of less than 30
At this stage, we need to use the RSI readings from the daily chart. Just wait until the RSI has a value of less than 30. You’ll have to wait for the daily close to get the RSI reading.
Obviously, this means that you’ll always buy XEM the next day.
Once you spot an RSI reading less than 30 we switch to a lower time frame which brings us to the second rule of the Nem (XEM) cryptocurrency strategy.
Step #2: Switch to the 1-hour chart and wait again until the RSI shows a reading of less than 30.
The second rule that needs to be satisfied before pulling our trigger is to wait again for the RSI indicator to show a reading of less than 30 but this time on the 1-hour time frame.
Remember, this should be the next day after the RSI posted less than 30 readings on the daily chart.
Step #3: How to buy XEM: Buy at the opening of the next candle after the RSI went below 30 levels.
The original momentum Pinball pattern uses a different entry method. We have done some backtesting and found that we can achieve superior returns if we follow a different entry strategy.
How to buy XEM with our cryptocurrency trading strategy is much more eloquent because it uses the concept of multiple time frame analysis.
Buy at the opening of the next candle after the RSI posted a reading of less than 30.
Step #4: Place your protective Stop Loss below the previous day low
After the buy EOS order is triggered, we need to have a strategy to protect our bottom line.
The best Nem XEM price to hide your protective stop loss is below the previous day low. The Nem XEM price should not come to this point.
Step #5: Take profit should be 2 or 3 times larger than your stop loss
Again, our exit strategy is slightly different than the original momentum Pinball pattern.
Be sure to close your Nem trade once the take profit is two or three times larger than your stop loss.
Alternatively, you can use the initial exit strategy which requires taking profits when we break above the previous day high. Don’t limit yourself to either of these two strategies, but instead make the best out of them and use the one that suits the most the current trading environment.
Note** the above was an example of a BUY trade using our Nem (XEM) cryptocurrency strategy. Use the same rules for a SELL trade – but in reverse.
PM me if you want to read the complete strategy.