EM-BTC analysis (Ref.)TO Ichimoku Cloud system is focuses on equilibrium, moving averages, and dynamic support and resistance zones. So, for a instance when you look fast for the actual moment for this asset, it appears that it is possible to make a entry; however, there are three things that highlight-me a no-entry: The Lagging Span IS NOT above the price, the price is between Tekan-sen and Kijin-sen , and a short time-frame analysis is necessary for a better entry.
For those that have 'balls of steal', it is possible to leave bids on Kijun-sen in an attempt to get some money and sell it at the instance that the price goes up. (I dot not have that courage. So, I do not recommend this craze strategy, lol.)
It is possible to notice that there is a Pivot (P) that shows a possible support region. So, let's see whether the probability works in our favor.
To interact with this chart, click on it of in RELATED IDEAS below.
XEMBTC trade ideas
BUY/HOLD Recommendation for New Economy Coin XEMThe New Economy Coin has a long history relative to other altcoins and has recently shown exponential gains in price. It is my recommendation to buy or hold this interesting alt. The coin features are unique such as NEM's multisig solution (details can be found on the coin's website at www.nem.io ). Encrypted messaging is also an interesting feature. Of course this can be done with a multitude of platforms, XEM has the regular features with some 'Easter Eggs' to boot.
Japan has recently legislated BTC is able to be accepted at retail outlets throughout the country, and it is logical to think other alts will follow.
XEM is also the 4th most popular alt at this time in Japan, arguably a leader in the cryptocurrency space.
XEM has a unusually high circulation with a total supply of 8,999,999,999 XEM non-mineable coins . The total circulation is the same, accounting for the relatively low price to BTC ratio. The penultimate supply of coins will stay at 8,999,999,999.
It is my recommendation to hold or buy XEM for a targeted gain of .00021000 BTC.
This recommendation should not be considered investment advice, and is targeted to experienced and interested parties. You are responsible for your own decisions. Please consult a financial professional before investing. Any investment carries a degree of risk, and while the cryptocurrency market is becoming more widely accepted there are many risks involved.
XEM up up and awayXem is fundamentally one of the best alt coins around. It fixes bitcoins flaws with its near instant transfers, transfer fees of 1 cent for every $100 transferring, and it keeps a ledger which businesses like. Also, If you have 10k xem coins you will be able to harvest coins. However, don't expect to get many coins from harvesting unless you have a massive amount. You can also can get a supernode with 3 million coins. It just got into the top 5 coins and I think will easily keep on moving up on the list.
I think its very possible that Xem is treading on the support line and has created a new channel. The only time it dipped below the line it was because of the DDOS from poloniex. It might be at the bottom of the new cup forming with XEM. Keeping an eye on it in the up coming days might be worth while. A good entry would be in the low 6000s right on that support line.
1st TP 11390
NEM XEMBTC - Potential Cup & Handle/Triangle BreakoutSee chart for ideas - a breakout past the neckline would seem to indicate a target of around 0.00014.
Be careful with this and make sure you get in and get out - this thing has risen so high lately it's hard to tell how sustainable it is...likely a crash incoming in the near future