The awakening of the sleeping dragon.But "annoying coin" description is still valid, with such velocity of moves:)
XEMBTC trade ideas
#XEM Investment (Chapter "2")Peace be upon you, Salam Aliukom brothers
In the beginning, I would like to congratulate My Muslim brothers by the holy month of Ramadan I ask Allah to make it a month full of good for all human beings.
On Dec 2017 we shared our first investment signal for NEM and this signal gained a profit passed 500% up to 950%
You can recheck it from here
Link
for sure since this time we keep tracking and analyzing XEM, Also we posted many signals after this investment we will mention them below this analysis.
Today we are with an appointment with the second Investment chapter for XEM
first, let us start with a short description of this coin:
What is NEM?
The NEM Smart Asset System come to market After forking from Next, NEM in 2015, NEM allows you to totally customize how you use the NEM blockchain. First, your Namespace defines your home on the blockchain where you can name your own Mosaics, provide easy-to-remember names to user addresses, and more.
Also, NEM presents many unique features most notably the 1 minute block time, proof of importance algorithm, multi-signature accounts and unique harvesting methods.
NEM categories
Real world assets
(CoinMarketCap) " Rank 22"
Market Cap
$458,712,138 USD
73,066 BTC
Volume (24h)
$19,078,652 USD
3,039 BTC
Circulating Supply
8,999,999,999 XEM
Now what technical analysis tells us:
We can see NEM loss -95% Since this ATH on Dec 2017 / Jan 2018
Right Now NEM move above Strong support level ( 700/740)
This Equal the Pivot points S1
Patterns-
we can see clear falling wedge " Bullish Pattern end with Bullish move" but this bullish bias cannot be realized until a resistance breakout occurs.
The current move looks like a copy of this movement on Jul 2016
With differing in circumstances and current market factors of course
After all, time extract our buy zone and these depend on
fib level/Pivot levels and previous support, with the supports of the trend line on the falling wedge
Best buy zones:
(Scalping) between 700/740 with reward start from 20% to 40%
we already opened signal from 778 on our VIP since a few hours ago gained TP1 but we don`t recommend you to enter now
(Investment)
550 /360 this lower level of weekly Support and probably we will see XEM rebound from it so if you looking to start an investment these are good levels come with reward starting from 100% up to 500% as an intial reward
(Investment from max dips)
(150/ 100S)
XEM will reach these levels in one case if the market goes to new low or XEM get bad news anyway these levels come as Investment from max dips reward starting from 200% to 700% as an initial reward
Max invest:
5% to 7%
and always in investment use, your profit, use some money you don`t need it to pay bills or anything else something from your needs
Success Rate:
( Medium)
(Trade Time frame)
190 Day to reach investment levels if the market turn to new low then start the recovery
Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay
NEMToday I want to pay attention to the coin hem. Over the past year and a half, many projects have not survived the bear market. Problems also affected this project, they reduced the team, launched the long-awaited catapult - but not at the right time.
Now XEM is priced at the lowest price.
But I like the development strategy and the popularization of their blockchain in universities in the long run will achieve the result
Technical analysis
A falling wedge was formed. This is a reversal figure of the target when I break through the resistance line I see in the range of 1000 sat first
XEM/BTC within possible descending triangle areaXem/BTC not looking so great as 200 EMA line closing in the price action and descending triangle appear.
although there a possible bounce from MACD and RSI itself is oversold as it's ready to shift into buyer side and might be retest 20 and 50 EMA in the future around 1200 sat..
Also a potential for Exaggerated Bullish divergence might occur...
1st support around 1000 satoshi area
2nd support around 850 satoshi area
1st resistance around 1200 satoshi area (20 + 50 EMA)
2nd resistance around 1400 satoshi area (200 EMA)
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
xem 30 days trend up and down xem buy and sell target on chart
also xem has more potential for later
good luck dear traders
Please just like if you helped
XEMBTC: Ichimoku Cloud edge-to-edge scenarioAfter a fake-out to the downside, XEMBTC has broke above this ascending triangle, and entered the Ichimoku Cloud with momentum and volume.
I am long since 1310, aiming for 1580, stop loss 15 satoshi's below the last low of 1235.
XEM is moving UP! Over 30% potencialWe need to get above 50 day MA, but MACD is on our side already. In 4H time frame we are above 50 day MA which is great.
NEM/BTC which way to go??NEM/BTC have a different story between looking at 4 Hour chart vs 1 Day chart..
this the chart i mention is 4 hour that still undecided which way to go.
because it's still no buyer volume to maintain the bullish movement. yet.
While i check 1 day chart :
- there's still a movement toward downside as MACD is ready to consolidated with buyer/seller line
- Stochastic RSI cleary pointing down. meaning momentum to downward/suppress the price is still continue.
- RSI is wandering around in neutral zone which is 40 -60 (the value number is 56 by the time i write) and pointing down ready to test 40 value number of RSI
- volume level is decreasing indicated some major move will be included..
i remain neutral as this coin just plunge and drop to 97% from it's all time high, According to messari.io/onchainfx
but it's a good coin to get a good precentage of profit and still a good time to accumulate at this level..
beside, we never know how crypto market would react.. lol...
XEMBTC updateXEM breakout bearish resistance a few hour after we post our idea.
at previous idea we have 1230% profit projection for long term,
in this post, we try to find lower target for intraday setup.
Right now, XEM still try to break bullish confirmation level at 1215. Success breakout will trigger bullish wave with 52% profit projection at 1633
But if it failed, price will back to 1074 support line (I put another pending buy order at that level)
*If you agree with this analysis, let me know by click "like"
Previous analysis :
(4)XEM Long- swing low and break above long term supportGood market momentom play. other alts starting to pop. i like the retest and buy support on daily support line
XEM's 1hr golden cross leads to a 1hr chart cup&handle breakoutBeen some extremely bearish news about XEM in the past few weeks but a bullish chart is a bullish is chart and ths one looks like it has at least some temporary upside to take avantage of. Short term long.
XEM ($NEM): ABC Correction is mostly done!Hi Guys,
ABC Correction is mostly done and we should make profits soon!
Currently XEM is bouncing significant support zone marked by previous low. Also, near is 1000sat price zone which i consider as a strong psychical support.
If you look in more detail to Poloniex Order book, you will find a lot of buy walls slightly above 1000sat. Imo, good sign of new incoming traders.
I guess, XEM going to visit 1060-1000 zone again to re-test this support. I'm going to wait for the results of this test because there is a still chance to go downward, deeply below 1000sat.
If you like my TA, pls. hit that "like" button, follow me or leave your comments. Thx!
Is is good to sell XEM now?!Buying coins with good news always lead to losses.
Let me explain why:
Good-great-exited news coming from projects always when price peaked or heading to overbought areas and gives short-term small profits.
Remember WAVES
Remember TRX
Remember XRP
Remember XLM
But for common investor-long-term-trader it gives loss.
What about coins with bad news?
Let's figure out with XEM trade.
Price can go to previous lows near 800 level, so control you risks if price go below 900.
And spam some bad news about XEM in comments;)
Good Luck and Have Fun!
XEM - up to 1200% PPT! Long term trade.XEM (NEM) is one of the oldest and solid project in the crypto space. Recent news about funding can be described with one word: "FUD".
For me it's great opportunity to buy.
XEM is going to release Catapult later this year with 4000 TPS.
This project has one more great advantage - 0% inflation rate.
TA details:
Bullish divergence on weekly chart;
Oversold RSI;
Falling wedge on weekly;
It's landing on 3 year support (around 1100 sats);
Trade carefully and do your own research.
Good luck!
Nemo Will there be a second life?Greetings from Benice team!
Today we are going to have a look at a coin which has recently received special attention. It is Nemo.
Some facts describing the NEMO project:
> It has an interesting POI (Proof-of-Importance) consensus. Anyone who installs a masternode can get a reward, although the account balance should not be less than 10,000 XEM coins.
> The network has 9 billion XEM, and this amount is final, there will be no more emissions.
> The coin had been in the TOP-10 at Coinmarketcap for a long time.
> Except for the pairs against bitcoin and dollar, it is traded against South Korean won.
Interestingly, the coin was at its minimum at 0.0000081 BTC on December 7, 2017, but just a month later, on January 7, 2018, it got to 0.00013669. Thus, its price increased 165 times. Prior to that, a similar growth rate to the same levels happened in May 2017.
Let us omit all the fundamental and news background and turn our attention to the chart.
As for the technical indicators, it has almost fallen to the bottom against South Korean won. This is the first buy signal.
Despite being traded in the red, the price against the dollar is holding. It is the second buy signal. Although still there is a potential for a drop: 0,027 is the first potential level, and 0,023 is the second one. The last level is 0.007. If it goes below this level, the coin will be unlikely to grow back and it will finally die.
The potential for a drop to 0.00000832 against bitcoin is the main target. The lower levels of 0.00000531 and 0.00000289 are bearish. You'd better enter the transaction when the level of 0.00001250 is broken out. In this case, your targets at the top would be 0.00001669 and 0.00001971. If it grows higher than 0.000023, then the target would be 0.00002785. If you trade at these levels, you'd better wait for a signal. (We are definitely going to publish it in the update of the review).
The coin cost 0.00010221 BTC at the moment of listing. If the growing market cycle is back, we will witness these values, because prior hypes were characterized by the conquest of the level.
Subscribe to our updates. We are going to inform you about the latest transactions under this review.
Don't forget to put a thumb up! :)
