XEMBTC
XEMBTC - NewEconomicMoney - Time to shinePrevious info :
On May 9th @kvandereck will speak at ICTSpring about protecting privacy data with NEM blockchain technology. #NEM www.ictspring.com
NEM and Luxtag present at NASA Space Apps Hackathon in Kuala Lumpur nemflash.com
Now why I felt in love w/ NEM ? :
NEM zero monetary inflation (fixed supply, all 9 billion coins released at launch).
NEM improves different features of POW and POS coins, being more efficient and environmentally friendly
NEM one minute average block times
& more ... check this graphic -> nemflash.com
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About the chart, I expect a TP at @ 0.00004 or even 0.000045 ( depends with the momentum )
Weekly view : >
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Feel free to comments & share your ideas ~
XEM/BTC undecided, 2 channel, which way to go.XEM undecided which way to go. Had broke out of first channel, creating secondary channel.
Caution of possible pull back to .0002200 or even .0002000, (M pattern) Back into first channel. giving a good buy-in.
Or needs to break .0002900 and up to next stop at .0003100
XEM in full bull modeShortly after I posted my last chart, XEM successfully broke out of the falling wedge and made a nice run up to 1784, then consolidated a bit, and shot straight to 1984 hitting exactly the fib level from my fib fan. Right now we are seeing a retracement to 1784 which became a new strong support level.
My projection is that we will probably see a bit of consolidation again and then make another attempt at breaking 2000. Once 2000 breaks we will probably see the price jump into the mid to high 2000s.
Bullish falling wedge formingXEM seems to be in a falling wedge right now. The 1150 - 1200 satoshis support level is strong and seems to be holding, and the volume is decreasing, which means that the short term downtrend is losing steam. If it manages to break out of the wedge convincinly with a big volume increase that should mean a trend reversal is incoming and a big move up.
TARGET DESTROYED AND HUNGRY GO FOR MOREAfter reaching the target and surpassing it with great force, NEM / XEM is demonstrating its power and protagonism. I even encourage to say that it will be one of the main cryptos this year.
Of a healthy, gradual and progressive behavior, it is an ideal long-term investment. It is very probable that with the fall of the BTC (orange line) successfully exited the kumo to finish forming the pattern in a few months with that gain. To be in the number 11 in the ranking of coinmarketcap, climbed in these days 2 places remain ninth.
Https://coinmarketcap.com/currencies/nem/#charts
Https://blog.nem.io/creating-a-telegram-monitor-bot/
Thank you all for your time!