XEMBTC trade ideas
$XEM bullish signs; will break out any time $BTC $XEM$XEM is already showing very bullish signs; conferences one after another will serve as catalyst to shoot $XEM to the moon. Sell stops indicated at various fib levels. $XEM needs to break the 0.382 fib level to shoot up - just need a conference as a catalyst.
XEM / BTCWe're in the buy Zone
The very good entry is 5000-5100 Sats but you can buy at 5700 sats
We've two targets : The first at 7200-8200 sats and the second at 8300-9400 Sats
Keys ++ : Buy Zone / Soon the breakout / Big range support
Keys - : Bear Market / If the actually support break, the next support is at 3400 Sats
Stop loss 4700 Sats if you've buy at 5000-5100 sats
Jackpot Buy Zone : 3400-4000 Sats
Long position. Target 0.000075The price has dipped to the level of 0.000065 for a bit and then returned closer to 0.00007. If you look at the order book, you will see that it is quite a crucial point for the sellers, and they are not giving in, despite the balance being heavily skewed towards sell orders. Due to the recent spike of BTC the correction is imminent, so It is a good idea to exchange some BTC for NEM. The correction will increase the Altcoins capitalisation, NEM, among others.
As of now, the Stochastic RSi is close to the oversold area. ADX shows a moderate uptrend and there are no signs of reversal. The target is at the resistance level of 0.000075.
XEM primed for move upward after breaking off trendlineXEM has broken off of it's current trendline, indicating that it might be ready to break out. We have it breaking out above the cloud with the Tenkan moving above the Kijan.
Macd also indicates strong momentum upwards, and we hope the STOCH will continue it's move back to the top of the channel.
Short/Midterm target (1-2 weeks) is around the first resistance level at .000087, indicating about a 25% gain.