More NEM DreamsJust playing around with charts looking for patterns. Only for my personal education...DYR
XEMBTC trade ideas
NEM - Very ambitious, just playing around... DYRNEM - Very ambitious, just playing around... DYR. Trying to kill some time in the BEAR market.
Be careful on short term XEM entryXEM has been doing fairly decent compared to BTC in the past month, but it looks like XEM is in due need to cool off. Its hitting a confluence zone of where its touching the 200 day Simple moving average and the top of the ichimoku cloud. Also, there looks to be a rising wedge. The RSI is showing bearish divergence. This means when the price is rising but the RSI is declining in strength signalling a probable decline in price will occur in the near future.
The weekly chart shows that XEM is losing steam as well. Shown here below: You can see the price is rising but the buying volume is slowly decreasing. This is forecasting a likely decline in price in the coming weeks.
A good area to buy is 1628 to 1662. Even if XEM pushes above the ichimoku cloud it is thin. Which means although bullish there isn't much support to hold the price up. XEM is a top fundamental coin. This coin is a must buy for a midterm/long term hold. XEM does instant and nearly free transfers. 2 things bitcoin is struggling to do.
NEM going upA number of bullish signals here on the 3-day chart. Perhaps the most bullish is the confirmed support on the bottoming candle together with extreme volume. That's a solid green light. (PS I don't actually hold any XEM).
XEM trend reversal can find lots of these types of coins on binance
if you can identify breakout trend, you can take short profitable professions;
dont get greedy, no targets here cause take profits, no 1 wants to be holding a bag
XEMBTCXEMBTC
Found a support
Volumes arrive
We can observe the construction of the upward movement
Long deal
XEM BTC REVERSAL 300% MINIMUM potentialy increase
XEMBTC is in uptrend now and will going up like a skyrocket.Firstly,what we need to understand the history will repeat itself once again.
Soon we have a golden cross at 1week timeframe which means a BULL REVERSAL.Last two times when was made this cross XEM increased by 1813% and 1102% and now we can make 370% MINIMUM which means 61.8% fibonaci target.
StochRSI it s overbought but when a coin make reversal this stoch can be remain here.
RSI going up which is a bullish sign also
MACD Bull Cross
Don t forget about catapult release and what usecase will have.
NEMTechnical analysis
Formed falling wedge -reversal pattern after consilidation in horisontal trend. Break out resistance line. Targets - all fibonacci levels
Fundamental analysis
NEM blockchain was picked because it possesses unique features with regards to authenticating and managing traceability according to Malaysia’s Ministry of Education.
www.ccn.com
Cryptaur, a decentralized ecosystem for P2P services, has signed a partnership with ProximaX and NEM following the first public demonstration of X-game at GITEX Future Stars 2018.
www.businesswire.com
Earlier this spring, Tech Bureau released the developer preview of Catapult. A production-ready enterprise version, along with open source and commercial licensing, are planned for the second half of 2018.
blog.nem.io
XEM/BTC Long OpportunityClear breakout has bought some increased volume with promising signs on the RSI.
I have just opened a long position during this pullback.
Sell Targets are shown at the S&R levels.
I will be keeping a sharp eye on BTC as it may have a dramatic effect on how this trade plays out.
As always DYOR and happy trading.
XEM BTCLets take a look if this triangle will hold and climb to the white resistance
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Bullish vs bitcoinXEM looks really good along side xrp in terms of btc price
if bitcoin turns around, this could skyrocket in usd
XEM - new beginning...after 2 rounds of consolidation POLONIEX:XEMBTC has possibility to rise up once again.
XEM/BTC NEM Trading Strategy and EntryTo hold a dropping knife hurts. This chart aims at finding the zone where we pick up this coin again.
Only valid if
1. the zone is supported
2. MACD holds above zero
3. Stochastic long signal
P.S. I hate the Binance maintenence
New Economy Movement. (XEMBTC) !63% potential! How's it going everyone?!? Thank you everyone for liking and following my content! Much more to come. We will all continue to keep profiting together in our telegram chat. We actively trade on ZOOM daily! PM ME for LINK
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Looking for signal's on BitMEX/Binance ask me how to join premium!?!
TRADE DURATION: SHORT TERM 1 WEEK
CHART DURATION: 4HR
CURRENT PRICE: 1817
ENTRY PRICE : 1750-1850
TARGETS : 2000-2200-2500
STOP LOSS 5% Below Entry
Key Point's
1. Support low 1700's
2. ( MACD ) - Bullish Divergence
3. Resistance 1800's
4. Binanace Volume 3,644
5. BULLFLAG PENNANT ON (30MIN)
Speechless on $XEM. A Proven Fundamental That Last Longer!I love to see projects that has survived from many challenges. Just like XEM. One of the oldest projects that still stand strong. Even, currently, they're working with Pundi X and creating NPXSXEM!
You can say the team is down to earth to admit they're in need of strong partnership or in other words they need to be ready of any challenges ahead and be open minded for every opportunity around.
Above all, I'm watching XEM progress and i can see there is a bright future for the team head if the team keep making a steady progress.
Look at the chart, pretty much lovely for the R:R ratio.. and Fibonacci is available for you who look for mid-term targets. I'm not swing trade XEM, I kind trend trade. It's better strategy on XEM and not cost me a lot of energy :)
So, what are you waiting for? the blue arrow says good to get in!
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. Thanks a lot!
NEM in strong possition, if pattern repeat, eventual 1123%
Hi NEM (XEM) is cryptocurrency with strong potencial, if we look on chart there is pattern in 2017,
End of 2018 start new similar pattern, which is not complete. there miss end of pattern number 5 in charts.
If will be repeat it we can look very hight with potencial bullrun in november december.
Its my view for potencial great profit from NEM.
My targets:
.3000-3800sat(stron buy-sell orders place)
.5900sat
.9000sat
.13800sat
I have this coin in my longterm portfolio.
Thank you, I will be update it.
If you like my work just leave like or follow.
Get ready for the next XEM/BTC run!If you like to play the big cycles right now would be a very good time to buy.
Of course, don't go all in at once.
Average in! The cheaper we can get it the better.
I expect to get 7x on my investment.
Inverse Head and Shoulders/Cup & HandleVolume confirmation is making this look right on track. This has been a sleeping giant and the beast has just woke.
Not investment advice, just my observations...also I have skin in the game on this.
