XEMBTC
XEM | Bull Trend**INEXPERIENCED TRADER**
Saving this idea for my own documentation and learning purposes.
NEM XEMBTC - Potential Cup & Handle/Triangle BreakoutSee chart for ideas - a breakout past the neckline would seem to indicate a target of around 0.00014.
Be careful with this and make sure you get in and get out - this thing has risen so high lately it's hard to tell how sustainable it is...likely a crash incoming in the near future
Will this butterfly or crab be served today?Lets look at amazing coin XEM:), and his sexy triangles.
XEM/BTC Currently at critical resistance/support 0.00010200 btcXEM/BTC Currently at a critical resistance 0.00010200 btc, (or approximate $0.19 - $0.20.)
Let's hope it can maintain above it for a good support.
Bullis or bearish?That is the question, I think NEM should correct, area 0.00006000-0.00008000 may give nice longs opportunity. We must observe.
Bearish bat XEMBTCBeware this bat dear traders, if SHS formation from my prevoius idea will be in play, someone could take profits faster:)
My XEM Projection (XEM/BTC, Poloniex)My XEM Projection (XEM/BTC, Poloniex)
Of course we always have to take in to effects of what Bitcoin does, will do.
This is just an analysis from previous trends.
Bullish bat XEMBTCBullish bat was formed, but its not to late to join this move, seek possibilities on m15 and m5 interval, take profits on blue lines or from SHS formation when its formed. After that we see bearish gartley formed, but we must wait for more price action, to decide, short or not short:)
Another SHS formation on XEMBTCThis SHS formation is very risky, only for traders, who can baghold XEMs, after fail of this formation.
