Long Entry Signal for XEM/USDT
Based on the daily chart for XEMUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price,
XEM could increase its price between +130% to +230% XEM is looking good to continue climbing up, the higher timeframes suggesting more upside prices, the target is between $0,08515 to $0,12320 the highs from 2022 with monthly and weekly levels, fibonacci levels.
In the end of this week, with a close above $0,03665 will be a positive sign for that hap
Intraday. XEMUSDT.P, 0.0249, LONGThe token looks stronger than the rest of the market. Goes to retest the key level with a large accumulation. At the end of yesterday, the token was bought back, which shows the strength of the buyer in this market. There is emptiness along the way; nothing should interfere with the impulse.
XEMUSDT: Bullish Trend (HHs and HLs)XEMUSDT is moving in uptrend and forming HHs and HLs, there is also bullish divergence on 1D time frame which is stronge confirmation of the bullish trend, mention buying area is the FIB 0.5 area which we will consider new HLs and take a long trade on this point and previous HLs is our SL and new HH
Xemusdt Strong Buy opportunityXemusdt is demonstrating a rounding bottom formation, indicating a potential reversal pattern with the price targeting the immediate resistance level.
We've identified a robust demand zone, which could also serve as a buyback area if the price presents the opportunity.
Additionally, our immediat
XEM looks bullishXEM appears to be inside a large diametric, with the D wave being a triangle.
We now seem to be at the end of wave D and will soon enter bullish wave E.
Wave E of this diametric is a bullish wave.
If the price returns to the green range, we will look for buy/long positions
The targets are clear
NEMUSDT 8H#NEM is moving inside a symmetrical triangle. Currently, it is rejected from the triangle resistance and MA100 on the 8H timeframe. It is facing MA50 now. Wait for a clean breakout and then enter to this coin. Targets are:
$0.04130
$0.04397
$0.04777
$0.05261
Supports are:
$0.03709
$0.03534
$0.03000
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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Frequently Asked Questions
The current price of NEM / Tether USD (XEM) is 0.01568 USDT — it has risen 2.46% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing XEM price chart.
NEM / Tether USD price has risen by 8.46% over the last week, its month performance shows a −20.26% decrease, and as for the last year, NEM / Tether USD has decreased by −56.44%. See more dynamics on XEM price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
NEM / Tether USD (XEM) reached its highest price on Nov 5, 2021 — it amounted to 0.23870 USDT. Find more insights on the XEM price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
NEM / Tether USD (XEM) reached the lowest price of 0.00003 USDT on Aug 24, 2022. View more NEM / Tether USD dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying XEM is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade XEM right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for NEM / Tether USD (XEM): today its technical analysis shows the neutral signal, and according to the 1 week rating XEM shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in NEM / Tether USD trading ideas and keep track of what's moving crypto markets with our crypto news feed.
NEM / Tether USD (XEM) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, NEM / Tether USD is estimated as 5.08% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about NEM / Tether USD, you can find more inspiration in our curated watchlists.
You can discuss NEM / Tether USD (XEM) with other users in our public chats, Minds or in the comments to Ideas.