Selling is exhausted and daily MACD and Stoch RSI are likely to head up in next 3 days. We got the following target points, TP1 and TP2 have good chance of getting hit, TP3 is area to get out to minimize risk. TP1:4250 TP2:4990 TP3:5660
Price action in XEMBTC (NEM) from the May 22, 2017 high of ~0.00013911 down to a low of ~ 0.00001128 (on Dec. 8, 2017) is corrective i.e. a 3 wave move in this case that I have labelled as an A-B-C Elliott wave structure. This implies either at least another 3 wave move back up or the resumption of a bullish impulsive wave. Price swing upwards from the Dec. 8,...
Trading suggestion: There is possibility of temporary retracement to suggested support zone (0.000088 to 0.000072), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets. .Beginning of Buy zone (0.000088) .Ending of Buy zone (0.000072) Take Profit: TP1= @ 0.000106 TP2= @ 0.000137 TP3= @ Free...
Ascending Triangle Pattern gyazo.com Catapult Release, XEM 2.0 coming 31st coinmarketcal.com
Breakout on the downtrend Price above SMA50 SMA5 crossed the SMA50 Waiting on confirmation with SMA10 crossing SMA50 Using the strategy posted on my previous chart it is showing around 35% profit although it should be higher because you would make the trade when it crosses and not a the the closing price. Thanks to fskrypt for putting it into the editor!
What I See NEM is almost done with the correction back to level 1. Risk minimized. Falling wedge is running out of space Has been down-trending for 4-6 months, a breakout is near Last swing high is very far, at 7000 sats. NEM can move to next fib levels (color lines) What to Do Set buy alerts in zones where falling wedge could breakout. Use an app or...