XEMUSD trade ideas
#1 Crypto Todays Quick Peek: NEM (New Economy Movement)Price has bounced off the Weekly S1 and the previous resistance
level around 1.05 and is currently consolidating sideways below
the Monthly/Yearly R1 cluster 1.38-43 which is acting resistance.
Trend is bearish though the ascending SMA200 clarifies it as being
a retracement in a bullish trend. Bulls like to see a close above the
Kijun line (white line) currently at 1.3872, which could add fuel. Since
the congestion has been narrow over a few days the release of that
built up energy may cause a sharp move. A close below the 1.05 and
the SMA200 would be quite bearish and unnatural for a retracement
but there are signs of strong buyers around the 1.05. A break inside
the Cloud would be the first sign of a resumption of the uptrend.
******
If you want to support this channel check out the
profile page at the top for details. Thanks.
******
Todays_ technical view on the Total Market Cap can be seen here:
steemit.com
******
I saw X/NEM in the Top Ten Over @ CoinMarketCap & Low & Behold!!Beautiful fully fledged Slingshot and we are on her axis, time to give Xem a go..
APVMMLBRXDBSS - MIRRORED FERRARI STALLION SLINGSHOT
Both peaks are sale candles which we assume is bullish indication.
Best of Luck Heartbeaters !!
XEM (NEM) News from Korea was a fakeNews from Korea was a fake, but the exchange has failed for 35-45%, now we wait for consolidations and a change of a situation after an exit from a triangle.
elliot ideaselliott with retracement 61,8 associated fib, the structure like this but not at the same time
XEMUSD Ready go to the moon!I think that correction is done and we will go up soon. First stop will be an resistance level and then target by fibonacci level.
NEM is great idea with great solution!
xem/usdGood to buy now around the area of support just above the EMA50 (blue line) at $1.46 go short and take profit at $1.9 and if you want to stay long watch if there is possible break out above $2.08 and set take profit above there with stop loss at $1.
XEM/USD Good to buy now around the area of support just above the EMA50 (blue line) at $1.46 go short and take profit at $1.9 and if you want to stay long watch if there is possible break out above $2.08 and set take profit above there with stop loss at $1.
XEMUSD Long Position (Compra)XEMUSD we see our key levels at 1$, 1.50$ we expect to risk very little to gain the upside to probaly 3$ if price falls to 1$ please buy!
XEMUSD vemos nuestros niveles claves en 1$ y 1.50$ estamos arriesgando poco para ver que el precio llegue a 3$, si el precio cae a 1$ porfavor comprar!
NEM | New all time highNEM has formed a bullish pattern (flag pattern), We can expect a little downwards movement to the horizontal support line this is also a good place to buy. We can expect upwards movement after that.
XEM/USDThe pair has been range bound today between $1.5 to $1.9 today.Support lines forming every hour,there is a new support line now at $1.5 just above the previous support line at $1.43 and $1.32.The pair is on the rise from $0.89 around december 26 to high of $2.11 in one week.Downward correction ongoing at the moment, however upward trend expected to resume after correction at $1.43 the support line,just below the EMA 200.
It is good to buy the dip now at $1.43 or $1.44,set stop loss at $1.2 and take profit at $1.9 if u want to go short or hodl and take profit once it breaks the resistance at the current high of the year at $2.11 as it might get to $2.24 for form a new resistance there before another pullback.
NEM - some thoughtsThis is not trading advice. Note that this is not a serious idea, just a thought about NEM.
Therefore I marked it as neutral. This very short analysis should be considered with a grain of salt!
Here's actually hard to find a clear trend, believe it or not,
but for the next 6 months I would guess that it will go down.
It makes the most sense.
Can't find any solid trend lines long term (that has an attraction point).
I would guess that will be more clear in 6 months.
XEM/USDPivot PointsJan 05, 2018 12:17PM GMT
Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 0.85740 1.18845 1.39717 1.72822 1.93694 2.26799 2.47671
Fibonacci 1.18845 1.39464 1.52203 1.72822 1.93441 2.06180 2.26799
Camarilla 1.45744 1.50692 1.55640 1.72822 1.65536 1.70484 1.75432
Woodie's 0.79622 1.15786 1.33599 1.69763 1.87576 2.23740 2.41553
DeMark's - - 1.29280 1.67604 1.83258 - -
Technical IndicatorsJan 05, 2018 12:17PM GMT
Name Value Action
RSI(14) 73.482 Buy
STOCH(9,6) 46.086 Neutral
STOCHRSI(14) 69.911 Buy
MACD(12,26) 0.256 Buy
ADX(14) 39.658 Buy
Williams %R -31.708 Buy
CCI(14) 205.1653 Overbought
ATR(14) 0.2378 High Volatility
Highs/Lows(14) 0.4153 Buy
Ultimate Oscillator 55.942 Buy
ROC 104.639 Buy
Bull/Bear Power(13) 0.9688 Buy
Buy: 9 Sell: 0 Neutral: 1
Summary:STRONG BUY
3days on this pair i recommended buy at the current level then around $1.05 and a take profit at $1.10 , this has been breached and the pair went as high as $2.06 before it retreats to $1.52 then slightly going back upward.Today's range is between : 1.51895 - 1.87865, where if it pass the high of today at $1.87 we see the pair going back to the $2 level.However i strongly recommend we buy this pair on dip around $1.52 and let it go its daily high or even leave it till it get to the third resistance at $2.47 while setting our stop loss at $1.2
XEM is waiting for Ascending Triangle PatternXEM/USD looks like Ascending Triangle Pattern.
wait for escape.
buy a xem is still in a traingle.
entry : $1.05 ~ 1.11
target : $1.91 ( 72% profit )
XEM/USD long trend aheadEven though we recently learn about China is moving for a cryptoban, XEM* is already well implemented in the east and should provide a growth in the month to come.
The recent down is probably due to the uncertainty related to Catapult and China Cryptoban rather than about the fundamentals of XEM*
The demand has a steady growth but could be slowed by a lack of platform trading the XEM* and the lack of counterparts .
In order to break the 1.09 resistance, those 3 issues have to be clarified.
The coin may stumble a little longer, as no support have been clearly identify and as the future doesn't look clear enough yet.
In conclusion, look out for the any news related and any sign of rebound.
Analysis done by The Foil
31.12.2017 03:31
----
Disclaimer: The content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
I write for analyzing, learning & discussing general and generic information related to investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. I do not provide personalized recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
XEM/BTC TRADE IDEAThis pair seems to be inside a consolidation flag, and it could head two ways that I pointed out on the graphic. RSI shows that there's still room for growth in this market, and considering that BTC is currently going into a correction phase, it wouldn't surprise me if price breaks the downtrend line and heads towards resistance. The 1.12 dollar level could be a good entry point if price breaks the uptrend line and DMI+ confirms upward moving, and then we'd be looking to a gain of possibly 12% gain if it hits resistance and you wanna leave at that point.
I understand the fact that there's no exchanges currently trading XEM/USD but with bitcoin dipping in price we could use this pattern to analyse the XEM/BTC pair. I'm just starting to make analysis, hence why I don't feel confortable posting analysis regarding pairs with BTC because it's behavior is hard to predict.
Let me know what are your thoughts on this and if you think i've made a mistake feel free to correct me.
Peace,
Daniel
XEMUSD. 50% range on the growing trendNEM grew strongly in December (5 times from the minimum to the maximum)
Now, on the chart, we see a quite broad consolidation.
The point below at $ 0.75 is supported by a slow moving average and graphically this level is the visible support level
The point above, the resistance level, is more vague. For orientation, you can take the $ 1.10 mark
We see that the indicators several times went from the lower limit of the range $ 0.75 - $ 1.10 and vice versa
So the idea is not just to hold NEM, but to use the range:
buying around $ 0.75 and selling at about $ 1.10.
We do not recommend working from shorts, because the trend is growing and in case of a breakthrough from the range the probability of getting losses from a short position is more than from a long one.
XEM/USD Daily Update (17/11/17)Crypto is the trend right now.
I am seeing bullish-ness, however a break above 0.26 would be a safer entry.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
SonicR Mastery team is not responsible for any liabilities arising from the result of your market involvement or individual trade activities
