Celebrating 1st August 2017 anniversaryThe coming down to the 618 FIB level coincides with the peak of 1st August 2017. I am expecting a rebound from here.
XEMBTC trade ideas
XEMBTC -Seamless interfaceFinancial services companies can use NEM for instant payments and transfers anywhere in the world. One of NEM’s key advantages is its ability to seamlessly interface between public and private blockchains. This means you can transfer currency, tokens, or files from your internal company network, through the public blockchain, and into another company’s network.
I think this is a good coin to speculate on. It's still well priced in the market place and we could see a higher price over the next few months.
The targets are my personal opinion.
XEMBTCThree bounces on the 20 Day MA, and the support line is strong, will enter this trade if it bounces off support and breaks through resistance.
NEM Buy OpportunityThe price bounces from 0.00009000 support level. RSI confirms price reversal and MACD supports possible upward movement. DMI allows opening long positions. Pending orders for buy can be placed above the high of the previous bullish candle. It’s 0.00010500 level. Stop orders can be placed at 0.00008550 level. The profit target for short term trading is 0.00013500 resistance level. The profit target for long term trading can be 0.00018000 level.
Yyuuuge steaming cup of NEM anyone..? Looks like a massive cup and handle formed on the daily chart for XEM/BTC. The trend didn't follow the bottom of the cup exactly, but that is not required for a cup and handle formation. Right now looks like a falling wedge or bullish flag on the handle and we could see a definite breakout upwards toward the rim of the cup if it follows the trend line. If we follow the trend line and break above the rim, next target is the depth of the cup inverted, around 23k sats. It could also start a new trend line after breakout above cup. This analysis is mostly for my personal use to follow and see how this goes. I may join this trade when I see definite upward movement. We are hitting the trend line now so I am keeping an eye on it. Comments and thoughts are welcome, thanks. Good luck and be safe out there! Let's ROLL!
NEM or XEM/BTC; 60% profit potential with a low risk! (Repost)Risk: Low
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
New Economy Movement bounced its 20ma and we need a close above the support line. If we break resistance, New Economy Movement is ready for its next move. A close below support will mean a weakening of the uptrend and our only near support is the 20ma then. That's why we use a SL here.
Buy: Now (Partially) or after breaking resistance.
SL: below 20ma
Targets:
Target 1: 0.00011022
Target 2: 0.00013435
Target 3: 0.00015700
Good luck!
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XEM/BTC - Top 7 market capNEM is well priced and I am banking on this coin appreciating.
Price may come back to the 50% retracement level before moving higher.
I can't buy it here - no man's land. Price will need to break resistance and retest it or move lower and react.
The profit potential is healthy.
NEM (XEM) is preparing for another legNEM (XEM) is in the phase of consolidation.
Triangle is forming and it should be broken in the following of days.
The first target is 13000 sat.
The second target 1600 sat.
New Trying To Go UpNem had double support, it is waiting for the volume. I bought it in the level of 0.000105, think to sell with min %40 profit.
NEM breaking out of the triangleFor the past few days the volatility of NEM has been decreasing. I think that we can see a triangle-pattern on the chart. This could be a signal for a long trade.
BUY:
~10500 as 0.5 level of Fibo
~9700 as 0.382 level of Fibo (less likely)
TARGETS:
~13500 as last high
~18000 (long term) as 1.618 Fibo
XEMBTC Symmetrical triangle here, buy at the breakout.Buy at the breakout, if breaks below, 950 sats would be the accumulation point. If breaks upward target is listed on the chart.
XEM/BTC - Outlook for the next weekLet's see if NEM can break upwards out of the orange triangle. If not then there's no drama as long as the price action keeps moving within the big blue uptrend channel.
NEM Buy Opportunity (XEMBTC profit 400%)The technical analysis shows that the market is rising strongly, especially the DMI, RSI, MACD indicators are going up very well.
Buy in 0.00010700-0.00010850
Loss of hole 0.0009500
Buying time for XEM / NEMPerfect time for long. RSI is still oversold and MACD pointing for a trend reversal. Take profit on or before the resistance zone at 12,000 Sats. Potential profit up to around 20%.Good luck!
