XEM is delicious - Get sated!Looking good, we're ~80-90% down from the current all-time-high(2.1 USD). If we look at the red midline in the middle of the pitchfork, we can see that it's time to accumulate like a champion. Looking to buy a lot in the next few months.Longby vx5ma5NCCk2GPrzpy6
XEM: Diamond bottomXEM: look's like the history repeats twice. Looking for trend reversal. Also a lot of good news about Catapult release in May.Longby Kibarg911Updated 112
Poor NEM.With such pattern, and Bitcoin downtrending, will probably retest last big dip around 20cents (two targets for this 22cents and 18.5cents) Such a shame but also good opportunity to tank cheap XEMs and hold in hope for other bubble in other times.by orminlangeUpdated 332
NEM recent technological improvement might skyrocket their priceNEM (XEM) was performing well in the 2017 and it has jumped almost more than 1000% form low of $0.15 till $2.06 (Jan 4th 2018 high). XEMUSD started to decline sharply from year high till $0.2068. NEM has been best performing crypto in 2017 mainly because of unique technology. They use Proof of Importance (POI) instead of Proof of Work and Proof of stake. The POI network looks at three major things to determine importance of coin holder based on amount of XEM in your wallet, how long it’s been there and quality and number of transactions. NEM is working on lot of technological improvements which will be skyrocket their prices in near term. The lot of recent developments in NEM will skyrocket. NEM is set to release XPOS device with partnership with PundiX. NEM and PundiX has partnered in final quarter of 2017. These two are planning to implement digital currencies into retail industry. XPOS devices is initial device under their collaboration and NEM network is set to distribute these device for retailers. NEM have also announced Catapult, a new block chain based engine designed to present new version of NEM protocols and also known as mijin v.2. NEM currently holds the 15th position on Coinmarketcap with market cap of approximately 2.4 billion USD and price is currently trading around $0.2700. The pair is expected to trade higher on account of Catapult announcement. Technically the pair has taken support near $0.20 and jumped till $0.4560 (Apr 25th 2018 high). Any further weakness can be seen only below $0.20.On the higher side, major resistance is around $0.450 and nay break above will take the pair to next level till $0.5560/$.0.6400. It is good to buy on dips around $ 0.2600 with SL around $0.2000 for the TP of $0.4500/$0.5500 Longby FxWirePro223
Good attack for the neckline here...and there will be possibility to go here long with huge chances for profit. But situation must be observed of course, because market did not finished this drawing, can draw bearish formation too (related to this small solid redline on my chart) and retest or even create new dip around 20cents or even below this mark.Longby orminlange1
Nem Machine Learning AI Crypto SignalThe rolling three-day signal for Nem (XEM) is "Don't Own". This is day one of the three-day signal. The signal will be updated again Friday. For further details or discussion, feel free to leave any questions or check out signature/profile.by Quantamize0
Market makers...will be stupid if they will not create further scenario to fulfil formation like this. In orher case XEM wil visit lower low.by orminlange0
Crypto Challenge - NEM alertNem caught me by surprise here. There was a false breakout and then quite a spike back above the alert but I don't have conviction to take the trade so I don't. I don't want to start chasing it now. Might get a small retracement back to support. I use Heikin Ashi candles in my trading method as the default but I can also look at normal candles as well to see a different perspective. The market action is very undecided at the moment. Only two open trades in the challenge demo which are XLM and TRX.Educationby TheTradersBias0
A long-term trading opportunity to buy for NEMUSD !Technical analysis: .NEM/DOLLAR is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 41. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.298 to 0.195). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. .Beginning of entry zone (0.298) .Ending of entry zone (0.195) 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 special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.439 TP2= @ 0.655 TP3= @ 0.850 TP4= @ 1.169 TP5= @ 2.147 TP6= FreeLongby ForecastCity4
A long-term trading opportunity to buy for NEMUSD !Technical analysis: .NEM/DOLLAR is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 41. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.298 to 0.195). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. .Beginning of entry zone (0.298) .Ending of entry zone (0.195) 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 special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.439 TP2= @ 0.655 TP3= @ 0.850 TP4= @ 1.169 TP5= @ 2.147 TP6= FreeLongby ForecastCity4410
Another one dump.Seems to be endless, but testing of longterm trendline @logarithmic chart should give here some support, if not 10cents is imminent (or around it). Last buy signal from RSI gave some bounce but move from 20cents to 40+cents is a small correction in this downtrend. XEM reacts of course more nervous than BTC to dumps in the wide scene of cryptomarkets. My view however is unchanged. NEM will surge from his dips. Maybe even in this year if not in the next. Cup&Handle formation can be formed much longer, as it was in case of BTC.by orminlange1
NEM Downside CorrectionNEM has reached the high at $0.46 and then formed a strong resistance at the 76.4% Fibonacci retracement level, which is $0.44. The resistance has been rejected for tree consecutive times suggesting the corrective move down. XEM/USD first downside target is seen at $0.34, where resistance was formed back on the 20th of March. Second support is based at 23.6% Fibs, that is $0.27 and this is the area where the 200 Moving Average was broken. It is important to watch these resistance levels for either a rejection of a breakout, but only break and close below the $0.27 could be a confirmation of a downtrend continuation. On the upside, clearly the resistance at $0.44 in general and $0.46 level in particular must be broken, with the daily close above it. In that case the uptrend is likely to continue and could result in exponential growth.Shortby CryptoPAMMUpdated 227
NEM alertMy NEM alert went off but again this is against my anti chasing rule. I will show when I get a valid setup on a crypto on my watch list. I might do a demo account for a short time to show how my method works. I don't like to trade demo too long because it can interfere with my real trading.by TheTradersBias0
XEM/USD turned to the downside againThe crypto has found a very strong resistance at the median line (ML) and now goes down again. The false breakouts followed by the failures to retest the ML have signaled an exhaustion and a potential drop. XEM/USD slipped below the lower median line (LML) of the ascending pitchfork. A retest followed by an important drop below the 0.35471335 support will give us a great chance to sell this on the short termShortby FX_Academy2
XEM/USD ReversalNEM/US dollar reversal is in sight. Wave count reveals that the pair has completed a five wave down. It appears to be in the latter stages of base building. Key level to take out of 0.50. Breach of this resistance would jumpstart a bull run. by henrykanapi0
False breakouts.Chance that next breakout will be succesful are always higher than prevois breakout. I hope that last bearish will be not fulfiled and XEM will build fast "five" (5th wave).by orminlangeUpdated 1
Next triangle...This time bullish. First targets 0.49-0.51$ Not a trading advice!Longby orminlangeUpdated 1
Will NEM (XEM) Maintain Its Undercover Status?NEM (XEM) is known as a dark horse in the crypto community and for good reason. Despite its position as the 14th largest coin by market cap (which used to be a lot higher), very few investors actually know and understand what this cryptocurrency is all about. The coin owes its rankings to an ever increasing interest from Japan. According to Coinmarketcap.com, XEM/JPY pair accounts for more than 40% of its trade volume. Next in line is XEM/BTC at 15% and XEM/KRW at 12.5%. This means that a combined total of more than 67% trade volume is from Asia. Read Detailed Anaysis Here: cryptodaily.co.ukby Jefe3