New Economy Movement will live up to its name!For the time being though, price will go only in one direction - down! 2-3 cents is very likely, you might even get a fire sale for a penny or less! Back up the truck when you get the chance - this one is headed for the clouds! $10+, maybe higher!Longby DanielSong393
XEMUSD: TP hit. Rejection successful. Channel Down intact. ShortTP = 0.088 hit as the 1D Channel Down (RSI = 37.914, MACD = -0.002, Highs/Lows = -0.0056, B/BP = -0.0102) made a standard technical Lower High rejection, with the price testing the 0.08788 previous Lower Low on the inner Channel. The bearish momentum on 4H is accumulating (Williams = -82.770) and should look for at least a 0.0777 Lower Low. On the long term we are still targeting 0.060.Shortby InvestingScope11
XEMUSD: Expect a rejection on the 1W Lower High. Short.The price is approaching the Lower High limit of the 1W Channel Down (RSI = 37.875, MACD = -0.079, Highs/Lows = -0.0014, B/BP = -0.0321) and if the 1D candle breaks 0.09500, it is a confirmation of a break out towards the 0.0777 1D support. 0.088 can be your first TP but we are still looking for 0.060 on the long term.Shortby InvestingScope11
Inverted H&S.Will it finally end this downtrend? This formation (IH&S) is combined with triangle. The moment of bullish attack (and volume) must be precisely watched to decide to get in or not.by orminlangeUpdated 443
Buying XEMWhen BTCUSD pops, most altcoins are also going to pop. They all move together. So buying more than a handful is not useful. It just increases your fees. When I look at the top coins, I think XEMUSD has the most potential. XEMUSD is 23x from the ATH ETHUSD is 7x XRPUSD is 7.5x BCHUSD is 9x XLMUSD is 4x ADAUSD is 18x IOTAUSD is 13x You get the idea. I think they will all move up accordingly. It's possible something like ETHUSD or BCHUSD could make a breakout for #1 position, but I'm not going for that bet this year. I think we will get highs, but not new all time highs this year. So instead of buying 50 to 250 of the top coins, I'll stick to a handful.Longby UnknownUnicorn357720664
XEMUSD: 1D Channel Down intact. Support test ahead.XEMUSD delivered the anticipated bearish leg on 1D giving shape to the new 4H Channel Down that should eventually test the 0.0777 1D support. As seen on the chart, 1D is a clear Channel Down (RSI = 48.355, STOCH = 33.730) but until that support breaks, on low gradient (MACD = -0.001, Highs/Lows = -0.0003). We are still bearish, aiming at 0.060.Shortby InvestingScope16
I know that i know nothing...so i reenter long here @10.4cent In case of fake bullish move from market side i do not sell this XEMs with loss (XEMs will go to longterm purse). And in case of fake dinamical wave down to 5-6cents is imminent. Not trading advice!Longby orminlangeUpdated 2
XEMUSD: Simple Channel Down pattern. Short.NEM is following a Channel Down pattern on 1D with distinct Lower Highs and Lower Lows that has just made its latest Lower High (RSI = 54.758, Highs/Lows = 0.0000). Technically and always according to the underlying selling pressure applied by the 1W bearish trend (MACD = -0.081, Highs/Lows = -0.0056, B/BP = -0.0439), we should see a Lower Low on XEMUSD near 0.074. Our TP remains 0.060 but will reconsider once we approach 0.075 depending on the parameters then.Shortby InvestingScope16
50% of my entries in alts specified in previous ideas...are closed with hope to retake lower fake wave down is awaited by me not only in XEMUSD.by orminlangeUpdated 665
Prepare for attack!I should not publish this, whales are watching, or maybe that is illusion. I am full in (2% of trading capital @9.67cent). One last time in this year i can risk this money. Not trading advice! Based mainly on astrology and my inner feelings, not on pure technicals, as i dont believe in Technical Analysis at all.Longby orminlangeUpdated 1
XEMUSD: solidLooks like the same as for Quarkchain: a very nice and confident rising channel. Do we really need a parabolic rise if we would have something this for a year? Not a financial adviceLongby Crypto-Hamster222
XEMUSD falling wergeWatch out for a potential breakout. We already reached support at 0.088, and we might go down a little under it, so a certain accumulation of liquidity took place, but this one looks promising. It also happend in the past as shown on chart. Remember, we will not turn bullish until the whole market turn bullish, so check BTCUSD for its 6000$ support in the first place.Longby torosyandmitry.sochiUpdated 112
NEMUSD: so far, so goodForming a confident slowly-rising channel on a higher volume. Not a financial advice.Longby Crypto-Hamster2
XEMUSD respecting the rising channel.XEMUSD respecting the rising channel. We may be stuck range bound however. First target $0.13, If it breaks through $0.20 and $0.40Longby cbrunk2
Slight upper break-out quickly sold off. Still bearish.The Falling Wedge bands on XEMUSD have been slightly broken upwards on a 1D spike that reached 0.1166 but was quickly sold back to even lower that yesterday's levels. This level (0.1166) is also a 0.786 Fibonacci retrace, and probably the reason for the strong selling. There are two bearish possibilities created form this event: the more slow paced 1D Channel Down (faded channel, RSI, Williams, Highs/Lows neutral) or the more aggressive 4H Channel Down. Both still point to our TP = 0.060.Shortby InvestingScope1114
NEM (XEM/USD) Is Technically Good Compared To Other AltcoinsCurrently, NEM' trading on the channel. It has been respecting those channel trendlines and it has made pretty good profit opportunities. After BTC' breakout from the triangle downwards, XEM' has also come down pretty quickly but it is still on the channel and it has still an opportunity to make the higher low. At the moment, the price is a very strong support area, support criteria: 1. The round number $0.1, which works as a support 2. EMA 200 is exactly on the $0.1 and it works also as a support 3. The Fibonacci golden ratio 62% matching with the criteria mentioned above 4. Plus if we drop just a little bit lower then there is the 50 & 100 EMA's and the channel bottom trendline. So, currently, we think that if we see a break and close below the round number then it's a first sign that we might go downwards and the full bearish confirmation would be then when we see a candle close below the trendline. If BTC' finds the support from the current level at $6,460 then NEM' has technically a very good platform to go higher levels and if it happens it makes a new higher low but yes, as we've said, all depends on what Bitcoin' does. Hopefully, those levels and this analysis helped You out a little bit to confirm your own analysis! If You want to get the deeper analysis and the latest crypto-news then please visit our site, the link is on the profile (u.today)! Please, don't forget to hit the LIKE button to support us! Best regards! by CryptoComes118
NEM (XEM/USD) - Waiting For The Big Move Upwards!Currently, the price is below the round number $0.1 which works as a resistance. NEM' has managed to break above the nearest down-trendline which now work as a support! This is a pretty significant sign because NEM' has been on the big downtrend and it has not shown any big recoveries and big pumps. Remember what Ripple' did, it exploded and from a technical perspective, one possible reason was this that it was very far from the major down-trendline (not as other altcoins), so as NEM' right now, it is also far away from the major down-trendline and the possible pump may happen soon if the market starts to show some stability! To be bullish we have to break above the round number and we have to make a short-term higher high (the green box higher high confirmation box). Those first steps will guide us to the higher levels: * Blue line around $0.116 - it is historically worked support and resistance level and the price have made reversals and stops in this price level. * Second one is around $0.14 - there we start to catch some monthly levels and we need pretty good power to push through because there comes into the play also the 200 EMA * The final target would be the major down-trendline. (+100%) To confirm bearishness and the area where You want to consider to sell Your NEM's would be the red box. If we get a candle close below the main counter trendline and below the "nearest down-trendline" then it would be bearish confirmation and NEM' would probably go and test the lower levels! Hopefully, those levels and this analysis helped You out a little bit to confirm your own analysis and if You want to get deeper analysis and crypto-news then please visit our site, the link is on the profile! Please, don't forget to hit the LIKE button to support us! Best regards!by CryptoComesUpdated 4
NEM Price on the Rise Due to Name Service PartnershipNEM (XEM) price has been on quite a rally the past day, gaining almost 10% in the past 24 hours. This is mostly due to the partnership with Portal Network regarding a name service that will be introduced to NEM. Using Fib retracements we can see some key inflection points for XEM. When the price will touch these levels, more likely than not there will be some movement. Those key points are: Supports at: $0.101, $0.095, and $0.089 Resistance at: $0.107, $0.115, and $0.125by nulltxmark114
XEMUSD DOnt miss this long HI there, This is a longer term trade setup. Where you can buy and can hold for longer term. There is huge potential for longer term. How can i trade on this chart. 1. Watch bottom and look for buy everytime when price forms new lows. OR 2. Wait for the price to take off and start to buy. (1st impulse ) Ideally you should wait for the second to happen. Good Luck Please support the setup with your likes, comments and by following on TradingView thanks Longby Wave-Trader9968
Falling Wedge intact. Slow descend towards 0.060.XEMUSD has made another Lower High on the 1W Falling Wedge (RSI = 36.374, MACD = -0.081, Highs/Lows = -0.0262, B/BP = -0.0796) staying bearish on the long term but neutral on the short term (1D RSI = 45.270, Williams = -53.449, CCI = -0.6358, Highs/Lows = 0.0000). This should create a consolidation phase within a 0.07855 - 0.1040 Rectangle until 0.7800 breaks. Our TP is intact at 0.060.Shortby InvestingScope3313