XEMBTC trade ideas
XEM / NEM wave 5After reading some XEM questions in the public chat I decided to chart down the possible XEM wave 5 preparation.
I still think XEM is in an ongoing correction from the big push it just had. It is under the 6 and 12 hour clouds with the indicators still pointing downwards. It might go up, reach the cloud but then crash down to the 618 fib level. From there I see it trying to shake out weak hands and pretty much pull off a LTC, have a long consolidation/downward movement, make bagholders tired of it and then start pushing up for a wave 5. The wave 5 will not be as big as the wave 3. Expecting it to hit around 20000 sats FOMO a bit higher maybe in the next upcoming weeks.
XEM NEM - Impulse waveTake it for a ride. Honestly I have no clear ideas & opinion about the insights of Nem.
Here, the idea, is just the repetition of the wave. The crosslines point in the support + the rendez-vous and the overall trend line make me confident.
The drawing part is just a cliché.
By following Fib lines, we can expect at least 12000 as a target, but we need more data to know the real potential . x2 is an option.
Focus on settings, timing & variables is needed here because we want to surf on a period of a wave then get out before the scum bath.
I will update.
Ideas & corrections are welcome.
Cheers
XEM/BTC: Harmonic and Fib Extention Safer buy above the resistance line. Up trend remains Intact.
Both Bat and Fib rations shows a clear sign to go long. As trades doesn't work with formulas put SL trigger.
NEM 0.29% is fairly stable at the moment, they plan to release Catapult maybe August. I think that will push the price up again, so maybe its a cheap buy now. For more details on CATAPULT look at this video. (Long Term)
Target 1: 9992 Target 2: 11019
www.youtube.com
XEMBTC - slow decay for consolidationA bit late on this call, but I see XEMBTC continuing a decay into the target zone before looking at re-entry. It had a great market cycle, so I see this move as necessary to long term growth. Could trade the channel on the way down if you're skilled at such things.
POLONIEX:XEMBTC
NEM/XEM ARISE!!!After forming a double top pattern, the inevitable fall came and XEM / NEM was forgotten by many, being the fourth most important coin in the ranking of the crypto market.
Following Bulkowski's theory about the Adam & Adam double top pattern, where levels A, B and C are marked, and then take a change in the trend towards a bull market. coinmarketcap.com
We will have to get around the kumo and not get into it, to achieve the target price.
As one of my 3 favorite coins and thanks to her having done in February of this year the best trade so far, I hope we continue to give us great joys.
As always, greetings to all and thank the followers for the feedback, likes and good vibes.
Stay strong, keep bullish!
Thank you