XEMBTC
XEM seems to have reached the bottomXEMBTC decreased very hard also after the previous hack scandal. It seems to have reached the bottom although a bull run on BTC can bring it to a temporary new low. However it is curently overing between MA20 and MA50 and if it holds we can see it move to MA250 in the next days.
Enjoy!
NEM - Bullish divergence and market cycleXEM/BTC is currently trading on a very strong support which shows a very good opportunity to go long. This shows that NEM has almost completed its market cycle. There's also a bullish divergence on RSI, another good signal to go long. If this support doesn't hold, next one is at ~2200.
Now regarding fundamentals, NEM has a scheduled release to their version 2.0 of Catapult NEM on May 31st or earlier.
XEMBTC Bittrex 4H up to 07APR18 Trading Analysis (TA)XEMBTC Bittrex 4H up to 07APR18
4H Chart, also works in 1H, at this time the NewEconomyMovement (XEM) has been floating on SUPPORT ZONE 2 for a couple of days after the RESISTANCE ZONE 1 became into support once tried to break RESISTANCE ZONE 2 ( our next target); the 50,100,200 MA indicator is crossing into an ascending pattern (Blue Arrow), along with a slightly ascending movement on the MACD and RSI (Checkmarks), if this properly explodes would be nice, but keep always a spare tire, just in case. At this time the Market Cap in trying to move over the 262 Billions. Good Luck!
4H Chart, también funciona en 1H, en este momento el NewEconomyMovement (XEM) ha estado flotando en SUPPORT ZONE 2 durante un par de días después de que RESISTANCE ZONE 1 se convirtió en soporte una vez que trató de romper RESISTANCE ZONE 2 (nuestro siguiente objetivo); El indicador 50,100,200 MA se está cruzando en un patrón ascendente (flecha azul), junto con un movimiento ligeramente ascendente en el MACD y el RSI (Checkmarks), si esto explota correctamente sería bueno, pero mantenga siempre una rueda de repuesto, por si acaso. En este momento, Market Cap intenta mover los 262 mil millones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
What's up with NEM?!! BooomNEM has one of the most erratical price variations that i have ever seen. Its price seems to be highly volatil until today (good news).
The Theft of January 26 its marked on the chart with a vertical yellow line and we can see that after that it hasnt interfered in major trends lines.
Using closed prices its very easy to find Harmonics. And now looks like NEM its forming a butterfly.
Plus that, MACD is converging since the rise ofJanuary 3.
Please share your comments, observations, analysis, opinions or anything that help us to keep learning.
Of course this is not a trading advice, its just for educational uses.
Good Trade
-CJ-
XEMBTC (Volume Analysis Prediction 3/04/2018)Ticker: XEM/BTC
Exchange: BINANCE
Signal: mid-term @Long
Price in an upward triangle, we are working towards the continuation of the trend
The coin often goes separately from the market,
which gives grounds for the continuation of the trend.
Entry point: 0.00003312
Stop: 0.00003287
Target1: 0.00003363
Target2: 0.00003417
NEM dead or not?I booked nice profit at the previous bull run. But after I made mistake and caught SL.
Now I back to NEM, what can I say, nothing. But chart said me BUY!
Here bullish divergance RSI and MACD on 4H chart
NEM broke out 50MA, 20EMA crossed 50MA
Next resistance lvl 200MA ~3475satishi
Stop Loss I maitain under 50MA around 3150 satoshi lvl.
It risky option I use just 7% of my capital.
Here 4H MA chart:
March : Bullish Accumulating Month for XEMFA :
- First of all a proved-itself coin for years, not a shitcoin.
- 20 exchanges you can trade XEM. In this month it will be 21.
- Top 20 coin on total market cap.
- At least 1 event on every month till summer.
TA :
+ Correction is over.
+ Holding on the bullish support.
+ Moving averages are still bullish. (Green line : 50MA, Brown line : 100MA, Purple line : 200MA)
+ RSI is bullish too.
+ Very oversold in last month, it will be bought in this month.
+ Just gave bullish reversal sign yesterday on XEMBTC chart.
+ Whole cryptocurrency market is recovering.
MACD and Volume are not satisfying but already dipped and possible to get normal & bullish. Looks like it will go into a horizontal congestion trend which is a buy-zone in March.
Targets : Fib levels.
Stoploss : 0.30 USD.
Time : April & May. Also possible to make a breakout in March.
Good luck Do your own research.
Please comment if I have mistakes.
XEM/BTC - 3/28/2018Good Morning, Traders!
NEM is currently looking at extremely low volume on Bittrex and is consolidating into what could be the formation of a triangle. The bottom trend line forming the triangle is solidified by 3+ touches, although the top has only touched twice. If the volume continues to stay this low when the price finally breaks out of this triangle, the breakout will not be very significant and there will not be much price action. If the volume assists the breakout though, the price is expected to reach at least the 78.6% retracement level due to little resistance before this level. After reaching here there may be a short retracement that usually occurs after these types of breakouts, before reversing again and continuing in the bullish direction. The complete breakout is measured by the green vertical line. The price will only reach this level due to this breakout if volume allows for this.
Important Resistance Levels: 3949, 3641, 3408
Important Support Levels: 3043
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Arham Bheda
Senior Research Analyst
XEM Short term tradeHello Friends,
Please find the XEM trade. (SHORT Term trade)
1) Listed in Binance.
2) Forming Double bottom, as we broke the neckline already and the price is testing the neckline and forming a pull back.
3) Volume is good.
Considering the above points, we would hit 15%, target : 4150, Stoploss is below the neckline.
Post your thoughts.
XEM Long term tradeHello Friends,
Please find the XEM long-term view.
1) Listed in Binance means more volume.
2) We have made the double bottom around 3000 SATs twice which is a sign of coin reaching the bottom. And a decent bounce of 3000 SATs from 5600 SATs is a good sign that price has reached the bottom.
3) Volume is good.
So my trade is
Buy on the neck line : 3640 SATs
Target 1: 4200 SATs
Target 2: 5600 SATs
Target 3: 10000 SATs (once broken the neckline at 5600, expect a pullback and the price could move to 10000 SATs.)
Sl : 2800 SATs
Risk Reward for this trade, 800 SATs : 6360 SATs , 1: 8
XEMUSD XEMBTC Unning flat within wedge down to $0.10c?XEMUSD looks like its creating a falling wedge/ABCD move donwards as well as many of the coins. Typically we can see a spike through the bottom wedge line before the run up. We may have some more upside if this doent go down to the $0.10c level now however as per the chart we should see the $0.10c mark at some stage soon. The pattern is incomplete at this stage and if we measure the ABCD move it also matches down to the $0.10c level also removing all the gains since Sept last year. Great buying opp at the $0.10 level
XEM/ETHXEMETH the newly launched pair in binance past threedays is gonna skyrocket. comments regarding the above chart is welcome.good day!!:) expecting good times:)
XEM RSI analysis and predictionsIf XEM Follows previous patterns, this is what we can expect to see on the weekly RSI. If it follows the same, now is a VERY good time to get in indeed. NEM Foundation has also behind the scenes been working with numerous companies that have been testing their blockchain. With the release of catapult rumoured to release in May and additional projects being built on top of NEM. This is looking to be a very profitable year.
We can also see that the RSI is consistently hitting 0.618 extensions.