XEMUSD trade ideas
XEM - POLONIEX - This Chart Doesn't Looks So GoodIf I was invested in this crypto I would sell it all right now.
The pattern looks like its very close to a huge drop in Wave A.
Be cautious of certain coins that really don't live up to their expectations.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
BUY XEM AT 0.3 zoneStrong support at 0.3 zone, short term target 0.5, long term 0.9.
Price is still above 200SMA, price have stayed above 0.3 since 8/Feb/2021
It didn't even start yet..I will be waiting for your likes and comments, and also I appreciate your attention.
XEMUSD: A Monthly Analysis & SOMETHING!Conservatively reasoning , following a 2-year downturn I prefer to set targets that match not more than 3 - 5X higher than he previous ATH.
Strategically, I need to cash "gradually" as follows:
1. Twice the price of the last ATH : 50% cash out
2. Triple the price of the last ATH : 80%
3. Five times higher in case it is achieved: 90%
4. Fundamentally; if a specific equity is performing well in the market I keep to in my "INVESTMENT" portfolio for 5 - 10 years.
Note: this approach does not yield the maximum possible amount which is ideal. I prefer to play it safe than ride on the whole capital & profit on a tsunami. Less results are "PLANNED" IN ADVANCE. This is of utmost importance. I do not seek the best. I am looking for the OPTIMUMS only.
We are not fortune-tellers. We are only able to devise most possible scenarios for an uncertain future. At the same time, we need to observe news, regulations, applications & performance.
a. ROI;
b. Opportunity Costs;
c. Risk Management;
d. Capital Management;
e. Value Engineering;
f. Psychologicals: of the business ecology & personal perspectives
We need to consider "The Physics of Finance" by James Owen Weatherall. Learn how quants dominate Wall Street. ;-)
www.amazon.com
Trading is a serious joke. :-) That is why I must say it is "NOT" a financial advice.
last xem ideai bought at 0.41 and i set a stop loss at 0.38 i think all xem needs is a close above 0.43 on the weekly to go straight to 0.70 main support is at 0.33 cents so thats a good area to buy incase something terrible happens. i always set aside some money i dont go all in because you need to have cash available all the time to buy major dips, even if you have 1k to invest only invest 500 and save 500 for a majot dip and those dips are boght at support zones, good luck
NEM (XEM) - April 9Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a good day.
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You should watch for any movement that deviates from the 0.36545048-0.47676089 section.
If it falls at the point of 0.36545048, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
On the CCI-RC indicator, it remains to be seen if the CCI line rises by more than 100 points and breaks through the EMA line and rises.
At this time, volatility can occur, so careful trading is necessary.
(1W chart)
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(XEMBTC 1D chart)
We must see if we can get support from the 649 Satoshi-733 Satoshi section and ascend towards the 902 Satoshi point.
(1W chart)
473 Satoshi-1262 Satoshi section is moving sideways.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
looks like a very tight trigger wave this looks like it's going to blow!
+ we have the super combo diamond setup on the day.
XEMUSD: 4th Wave? Shall we wait for another bottom here?
1. If monthly Elliots are to be correct, then a 4th wave has been made up now.
2. We may have to wait for it to make another bottom which is either even or higher. Right? Then it can be a rigid ground to buy.
3. Now what can we do since monthly RSI (14) is so close to a well-funded support? I prefer to buy one-third or half of the money I have at the moment.
4. NEM ATH is $2.11. Technically, from its current price toward ATH there is 466% potential "and" it is not going to stop there since NEM does have the potential to see 3 - 5X preservatively.
5. Yet, for such a growth to happen NEM needs to prove that fundamentally is capable of a fierce competition to those cryptos of higher market performance due to its conditional application growth in the industry. I mean the more it is being used, the higher the demand from the market side will come.
6. Based on Fib. Levels it has reacted to the important golden ratio of 0.786 at $0.23. Right? That is very clean.
7. Caution: since this analysis addressed the Monthly Timeframe, one needs to be patient for a year or two. Right? Then, it is deemed to be apt to growth, but we need to regard Targeted Time & Price Zones logically. Set forth realistic targets & not to the moon targets if you really do not know very well what you are buying. OK?
TP1: $0.93
TP2: $2.11
TP3: $4
TP$: $6
SL: -5 - 10%
Please buy in either 2 or 3 instalments. When it comes to targets & resistances sell in 2 or 3 instalments. Do not rush to buy or sell at once.
This is called risk & money management. You may gain less, but you may experience less damages as well.
Also, before purchasing check its FCAS to know how healthy it is.
No a financial advice. Trade happily & do it the right way & safe. Best of trades. :-)
NEM XEMUSD - Road to 50 000 USD! Impulse Elliott Wave + Channel!- This is my projection for a Millenium Imuplse Elliott Wave (Road to 50 000 USD!)
- If the market will follow a standard Impulse wave, we can imagine a structure something like this.
- 20 monthly moving average seems like a good moving support/resistance, can be definitely a good opportunity in the future to buy exactly at this point.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - For more information, please check my signature below ↓
- Overall the the price is moving in the ascending parallel channel. The channel is still not confirmed, this is only a projection (as we need at least 2 touches at top of the channel.)
- For my wave's target, i use 1:1 Trend-Based FIB Extension.
- Is this coin a good long-term long compared to other alt coins? Well, this will take some extra research indeed!
- If you want to see more of these ideas, hit "Like" & "Follow"!
Currently technical Entry area #Xem/UsdtWe are currently in an entry zone where we have a support of 1.618 fibonacci extension , and where we would wait a short time where there is also a weekly golden cross ( SMA 50-200). I consider that it is a possibility of a future purchase.
$XEM OVERALL BEARISH It helps to have a little bit more chart data the Binance chart didn't have enough. On the Poloniex Chart $XEM could be heading towards the .30's. There could also still be a move to the upside and then continue downward to the abyss. I would wait until the 11th to buy to participate in the $XYM airdrop.
