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XEMUSD trade ideas

10 cents or lower?10 cents looks as good support here (combined with 6000@BTC), however market always can do flash crash much below that point, risk is high. I got now some new XEMs stack from that level (around 10,6cents) but i must have also plan what to do if market will go lower. But even if it goes lower (and i will buy more XEM in 2-4cents area) there should be bump to that 10cents sooner or later. Not a trading advice however, please do Your own research, before You tank XEM or any other alt in this beartrend! Bigger picture on daily basis:
BITTREX:XEMUSD
by orminlange
4
NEM (XEM/USD) declined, but looks very promisingNEM has lost almost eight percent in the past 24 hours. The currency pair followed its rivals on Tuesday and declined significantly. However, I’m far from thinking that this downtrend will develop as there is no fundamental reason for this. NEM reached the support area at $0.1561 on Tuesday and stopped there. I think it is time for an upside correction at least. The currency pair is close to its monthly lows and has almost no room for further decline. Moreover I believe that this downside momentum is temporary. My current target is at the resistance area at $0.1883. I think the currency pair is likely to reach it in the couple of days. Checkthe full crypto analysis HERE>>> .
HITBTC:XEMUSD
by UToday
NEM (XEM/USD) the rocket is still on the groundNEM follow its allies as there is no clear direction currently. The currency pair remained in flat during the weekend and fluctuates in a very narrow range in the moment of writing. As for the current situation, I believe NEM is likely to start the uptrend again. The currency pair is close to the support area at $0.1729 and t5his support is strong. Buyers, I think will resume their attack from there. My target is at $0.2082 resistance area. However, XEM/USD will have to break through the resistance area at $0.1883 before going there. Check the full crypto analysis HERE>>> .
HITBTC:XEMUSDLong
by UToday
NEM (XEM/USD) resumes the uptrend as there are almost no obstaclNEM looks very promising on Thursday. The currency pair had a downside correction on Wednesday and seems to resume the uptrend currently. Bears have almost no chances as they lost control over the market. NEM Has almost reached the resistance area at $0.1883. The uptrend seems to be resumed and my targets are still the same. I believe XEM/USD is likely to reach $0.2082 in the nearest future. There are no candlestick patterns currently, but I see HL which means the currency pair goes upwards. Check the full crypto analysis HERE>>> .
HITBTC:XEMUSDLong
by UToday
NEM (XEM/USD) so far so goodNEM has added almost five percent in the past 24 hours, but the currency pair is still far from reaching my targets. The downside correction is done and XEM/USD is likely to resume its uptrend in the next couple of days. XEM/USD is trading above the support area at $0.1729. The currency pair aims at the closest resistance area at $0.1883. I think this is the closest target for Wednesday. However, as you can see, my rocket is well above this level. I believe NEM is likely to go there in the nearest future. The correction towards the support are at $0.1729 is also possible, but if it happens, it won’t be the trend breaker. Moreover, I think that this correction has only 10-20 percent of probability. Cehck the full crypto analysis HERE>>> .
HITBTC:XEMUSD
by UToday
XEM/USD U-Turn Is On The WayI have set my bullish targets lower as NEM develops a deeper correction frustrating my expectations. Anyway, I think that we will see some interesting events in the next couple of days. So stay tuned and follow the chart situation. XEM/USD has reached my targets in the beginning of this week, but reversed later and started a correction. Anyway, my main trading idea is the same. I still believe that the currency pair is likely to resume its uptrend. However, I expect the price to touch the support area at $0.1729. As for my bullish targets, I think NEM is likely to reach the resistance level at $0.2082. Check the full crypto analysis HERE>>> .
HITBTC:XEMUSDLong
by UToday
There is a possibility for the beginning of uptrend in XEMUSDTechnical analysis: . NEM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. . The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.1860 to 0.1380). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.1860) Ending of entry zone (0.1380) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.2765 TP2= @ 0.3686 TP3= @ 0.4390 TP4= @ 0.5305 TP5= @ 0.6540 TP6= @ 0.7730 TP7= @ 0.9680 TP8= @ 1.1647 TP9= @ 1.1429 TP10= @ 1.7987 TP11= Free
BITTREX:XEMUSDLong
by ForecastCity
There is a possibility for the beginning of uptrend in XEMUSDTechnical analysis: . NEM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. . The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (0.1860 to 0.1380). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.1860) Ending of entry zone (0.1380) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.2765 TP2= @ 0.3686 TP3= @ 0.4390 TP4= @ 0.5305 TP5= @ 0.6540 TP6= @ 0.7730 TP7= @ 0.9680 TP8= @ 1.1647 TP9= @ 1.1429 TP10= @ 1.7987 TP11= Free
BITTREX:XEMUSDLong
by ForecastCity
2