#XEM, Is this an easy +11% profit opportunity?A quick look at NEM (#XEMUSDT, 1D, Binance):
Price is on the rise, it retested support at $0.1806, and looks like an easy run up to the next resistance at $0.2229. At the time of writing, that would be a +11.58% profit.
If it breaks the next resistance, would be at $0.2691.
Strategy
TP1: $0.2229
TP2: $0.2691
If you want to read more about NEM on CoinMarketCap, click here .
What do you think?
Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome.
But if you enjoy my chart, please like, comment or follow me. :)
Thank you and Happy trading!
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Some of my charts represent actual trades, and some are just paper trading.
Needless to say, this is not financial advice!
XEMUSDT.P trade ideas
simple but effective XEM/USDTHERE is one of the best and simple technical analyst with trend line . as you see in the chart XEM looks bullish AND it completely , with high R/R . there is a full analysis of the Chart But I just show you the Concept and there is more on the way . If you want to trade this Position Please consider RISK MANAGEMENT.
simple but effective XEM/USDTXEMUSDT look super bullish and right now it is taking off for the TPs. if you have entered this trade you can keep an eye on it but if you didnt you can wait for a better moment.
XEMUSDT - 1Dsee and watch :)
It seems that the daily time frame channel is broken and the price will move towards the goals ahead ...
xemIt is currently breaking its short-term resistance and is moving towards the 0.20 target. If it breaks 0.20, it can reach the short-term and medium-term goals specified in the chart.
XEM Triangle in 4HLook it will will breakout in upside kinda obviously
if it break above blue line it can be good entry
the line in red will be stop loss
zone in green is target
have good day!
XEM/USDT - Ascending Triangle, BUT not so simpleXEM ended up in the group of the weakest coins in the last three months, and it will not be easy to get out of this group even in spite of the bullish Ascending Triangle.
🔥 XEM Long-Term Opportunity: Strong UpsideXEM has been one of the bigger losers since the BTC drop in May. It's important to note that XEM has seen its top on the 3rd of March, whilst the altcoin market saw the high halfway May. This means that XEM has already been trading down for 10 weeks whilst the majority of the alts were seeing great returns.
At the low in late June, XEM has lost over 91% of its value, one of the biggest losers since the top. At the moment, XEM is trading around a 83% discounted price since the top, where most alts are trading between 50%-60% of the top.
To me, this indicates that there's a lot of upside for XEM currently, making it a very decent long-term hold till late 2021 or early 2022 (depending on the state of the market).
I'm currently waiting for either of two things to happen:
1) XEM will pierce through the blue resistance line and will get through the yellow area of resistance. This would be an indication of regained strength, and we could see a further upside move in the long term.
2) XEM will fail to break out as mentioned in 1), and will decline towards the June low. I'm not expecting the price to go any lower than that, so buying in around there would be ideal.
My target for the long term would be the current top around $0,80. Depending on which of the prior two predictions plays out, we can either see 400% or 800% gains in the future.
Happy trading!
XEMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, the price could not move strongly from the region after breaking the resistance line, and we see a slight weakness in the trend. The price is fluctuating inside the channel. If it breaks from above and stabilizes, we can enter the trade. But if the price is broken from below, we consider a fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Nem/Usdt decide to go up. tp@ 0.1576It seems Nem/Usdt @ 2h time made H&S and need to test resistance level.
Some indicators showed positive environment to get buy .
I bought it but you can wait after break it up to buy it. It's depend to you!
Good luck
Buy
tp@ 0.1576
sl@ 0.1344
Great potential for Xemusdt Xemusdt correction is finished I think, it started a bulish wave you can buy in correction and in pulback, Dont rush into buy! it may have some correction because of strong bulish wave, find the best entry.
Goodluck
XEM creates entry position before pushXEM while already showing great results, creates another entry zone an could exceed it's june level. This is indicated by MACD divergence and EWO ascending as well as RSI angling. We've made buy setup below to use this position:
Buy price: 0.1550-0.1595
Take profit: 0.1827
Stop loss: 0.1450
XEM - Daily ChartSo this guy broke out!
The Buy Volumes are still there and it looks healthy but the price is now fighting the resistance area.
We might see some consolidation or even corrections on the way which will take the price to the support areas.
If the price crossed all those support areas then this chart will expire.
If you're into opening long positions, wait until the price crosses the resistance and then open your positions after the closure of the first 4H candle.
Current Market Price: $0.1422
Good Luck
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