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XEMUSD trade ideas

XEM / USD pricing in July network upgradesThe 12+ month down trend is over. Higher highs and higher lows + momentum indicators on Monthly timeframes have scrapped the floor of ATL's and are now slowly exiting over-sold territory. Just like BTC halving and ETH inflation reductions with network upgrades, XEM is only 3 months away from the very large "catapult" upgrade and this is starting to be priced in. Conventionally after such a long bear market, we should have seen a flat sideways accumulation period. However since king BTC is pushing higher and faster then expected, I anticipate the XEM/USD and many mid-cap Alts to be under an 'aggressive' accumulation which floats up. 12c will be a battle and a required pause to reset various indicators, then it's onto the next fib level. Alternatively, if the current descending wedge on the daily does break down (ETA for wedge breakout is any time now), then expect 5c retest and a more traditional flat accumulation range between 5c-10c for a few more months.
POLONIEX:XEMUSDLong
by Techemist
NEM / USD Technical Analysis: Regaining TrustNEM / USD Short-term price analysis The NEM / USD pair has a strong short-term bullish trading bias, with the cryptocurrency recently advancing to a new monthly trading high. The large inverted head and shoulders pattern on the four-hour time frame has now been triggered after a brief period of consolidation around the neckline of the pattern. Technical indicators on the four-hour time frame remain bullish and continue to generate a strong buy signal. Pattern Watch Traders should note that the overall upside objective of the inverted head and shoulders pattern would take the XEM / USD pair towards the January 8th swing-high. Relative Strength Index The RSI indicator is bullish on the four-hour time frame, although it is approaching overbought conditions. MACD Indicator The MACD indicator on the four-hour time frame is bullish and continues to generate a strong buy signal. Fundamental Analysis The spike of positive sentiments towards NEM, is most likely connected with the fact that the project should announce the roadmap for Catapult, as was promised, by the end of Q1 2019. Catapult has been long awaited by the community and should bring additional functionality to the NEM blockchain including trusted decentralized swaps, multi-faceted transactions, multi-level multi-signature transactions, automatic fee payment and more. NEM / USD Medium-term price analysis NEM has a bullish medium-term trading bias, with the cryptocurrency moving closer to its trend defining 200-day moving average. The daily time frame shows a bullish breakout from a descending price channel, which the cryptocurrency had been trapped inside since December of last year. Technical indicators on the daily time frame are also bullish, although they appear more overstretched than the four-hour time frame. Pattern Watch The overall upside objective of the descending price channel on the daily time frame would take the NEM / USD pair towards the November 29th swing-high. Relative Strength Index The RSI indicator on the daily time frame is bullish, although it has moved into overbought territory. MACD Indicator The MACD Indicator is bullish on the daily time frame, although bearish price divergence is starting to emerge. Fundamental Analysis NEM has been recovering from an extended bear streak since the new Foundation started restructuring project’s operations. Nevertheless, giving the previous failures of the project, the success of the new team is not guaranteed and there is a risk of potential sell off if the new team will not be able to deliver on the promises they have made. NEM / USD Conclusion NEM is growing increasingly bullish, with both time frames currently showing bullish patterns playing out to the upside. If the XEM / USD pair can start to stabilize above its 200-day moving average, the cryptocurrency could easily reach the intended targets of the bullish patterns on both time horizons.
POLONIEX:XEMUSDLong
by CryptoBriefingTA
Megalodon Pro Automated Trader - XEM - Short Term BullNEM looks like a good buy for the shorter term. In terms of BTC ---------------------------------------------------------------------------- We believe that enlightening others is an incredible way to make this world a better place. That's why we created the tools you need to stop worrying about your investments and focus on what really matters in your life. What is Megalodon ? Megalodon uses Artificial Intelligence that combines 574 back-tested indicators and 2674 back-tested setups, simultaneously. Megalodon works with any kind of asset , market state and time frame . What is the win rate? Megalodon is extremely accurate and offers insane profits as long as the fundamental analysis is done right . Backtesting results can be found on our social media or down below . How to use Megalodon Pro Automated Trader? Simply, orange rectangles are strong buy signals and purple rectangles are strong sell signals . Green clouds show buy signals and red clouds show sell signals. Yellow line shows the difference between buy and sell counts. How to set alarms on Megalodon Pro Automated Trader? Click on Alert, select Megalodon Pro Automated Trader and click on Buy-Signal or Sell-Signal. More details can be found on our social media. You may also watch our Megalodon Investing Tutorials on Youtube for more information. How to purchase? Megalodon is totally FREE . You may upgrade to Megalodon Pro for the most important features , including accessing your dashboard on our website, setting up alarms to get notified , getting signals for 400 assets in Forex, Crypto and Stock market, joining to our VIP telegram channel to learn and our VIP telegram group to interact with the community. Simply go to our website on our TradingView page for learning more and joining us for free.
BITTREX:XEMUSD
by MegalodonTrading
NEM (XEM) Is Looking Like A 10-Cent Time Bomb After taking huge losses since its January 2018 all-time high, the price sank to the $0.10 mark, where it stagnated and traded sideways throughout most of August through October — validating the level as a strong support and potential resistance. Since Bitcoin’s most recent decline, however, we have seen NEM continue to sink below the support — unable to escape the massive descending trend line. One should be extra cautious in entering a position in the current bear market. Below the $0.10 support, there is not much in the way of a safety net, as the next rung down could put the price in the area of just $0.01. If NEM is able to regain stable ground above the $0.10 mark and establish itself outside of a descending trend, there is a chance of attacking the $0.18 to $0.20 level. Read the full analysis at BeInCrypto : beincrypto.com
BITTREX:XEMUSD
by BeInCrypto
XEMUSD: Close to our final Target.The 0.0777 Lower Low was made but still the 0.060 mark was defended from last week's sharp sell off. Regardless of this resilience, the 1W Channel Down (RSI = 35.284, MACD = -0.076, Highs/Lows = -0.0092) is still in need of a new Lower Low and that is why we still have one TP left at 0.060. This point will complete our long term shorting sequence on XEMUSD (unless the monthly SMA100 = 0.05092 holds, in which case we will book the profit manually). The coin should then consolidate for a 2 - 3 month period and establish a support. We will update when the support base gives a new pattern. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
POLONIEX:XEMUSDShort
by InvestingScope
NEM (XEM) re-listed on Coincheck exchange____ Click "Like" to help NEM rise ) ____ NEM is a dual-layer blockchain similar to Ethereum but written in Java, that is one of the most popular computer programming languages. Launched back in 2015, the NEM mainnet supports multiple ledgers on its cryptocurrency layer, and the NEM Smart Assets layer supports mosaics to represent any store of value. NEM’s proprietary crypto coin is XEM, which is harvested (mined) using a Proof-of-Importance algorithm. Its the Smart Asset System that makes NEM so powerful. Nodes on the NEM blockchain process API calls, which makes it easy to develop for, whether the dApp accesses NEM’s API directly, through a server, or in the background. In short, NEM built a blockchain-based cloud platform with a NEM Infrastructure Server (NIS) made of secure, decentralized processing nodes on one side and a client side, like the NEM Community Client (NCC), which acts as a gateway. Back in January 2018, Coincheck suffered a malicious hack, where thieves managed to steal approximately $520m worth of NEM. It was the most expensive theft on a cryptocurrency exchange as compared to the Mt.Gox theft, $450 were stolen. NEM stopped tracking the coins in mid-March after concluding that enough data was provided to local law enforcement to conduct a full investigation. Coincheck responded to the hack by refunding the 260,000 affected users in JPY from their own capital. Such decision to refund was taken very positively by cryptocurrency community and recently, on the November 12, Coincheck announced the resumption of trading for XEM coins. Quote of an announcement: “  resumed new account opening and payment/purchase of some virtual currencies on October 30, 2018,” the exchange announced on their website. “With regard to ETH, XEM, and LSK, technical safety confirmation has been completed with the cooperation of external experts and we have resumed payment/purchase of the virtual currency from November 12, 2018.” After the re-listing announcement by Coincheck, price went straight up, while NEM gained over 60% against the USD. Price tested the $0.15 high, but then immediately corrected back down. Currently XEM/USD is trading at $0.094, after rejecting the 61.8% Fibonacci support. Although the spike below the support has been produced, it managed to close above. This might suggest the strength of the XEM coin, and as long as support holds, price is likely to increase. However, considering the collapse of the Bitcoin, NEM also remains in the risk territory. Further decline towards $0.086 Fib support, or even down to $0.08 psychological support is to be expected.
POLONIEX:XEMUSD
by CryptalDash
Have no time for waiting...so i get 50% of planned entry for November @9.6cent and another one half if some unexpected turbulences will occur @6.3cent. For 2% of my capital. XRP does not want to retest his last significant dip @25 cent (from my last prognosis) so i choose only XEM. For other junkcoins i have no time to analyze. Maybe Nano, Verge, Tron, Cardano and Stellar have some chances for bump, but this bumps if it will ever occur will be bulltraps. 2019 will be hard time for cryptohodlers. Even this horse Ripple will be doomed. My last post in this year (in case of crypto, i choose now to play with options on stocks).
BITTREX:XEMUSDLong
by orminlange
1
Profit on XEM with 1 indicatorBuy Green Sell Red // it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, // it works good for stocks and cryptocurrency. // you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. // when a green dot -6.68% -7.44% -7.44% appears you buy, if a green dot -6.68% -7.44% -7.44% appears after that green dot -6.68% -7.44% -7.44% you hold your investment. if a red dot appears you sell your position. easy as that. // the standard dots setting will be set to 10 - use this for any chart above 3 days change the dots setting to 6 for 3day charts and below // shorter time frames will be choppy. // larger time frames will be smooth. // *Daytrading smaller timeframes is possible but not recommended.
POLONIEX:XEMUSD
by UnknownUnicorn2319099