XEMUSDT.P trade ideas
XEMUSDT IN ELLIOTT WAVE, PARTNER FIBONACCIXEMUSDT IN ELLIOT WAVE, PARTNER FIBONACCI,
Going to the VPVR resistence, swap de hands,
stop in 0,32, create your "partner gain" :)
The formation of an uptrendContinue the previous analysis, this time with support MA50 it can start growing
Do not forget to like and follow
$XEM Buy the breakout $XEMUSDTBuy the breakout of the falling wedge on the daily and MacD crossing bullish
Xem Ideas Not for financial advice Hold for 15 days It will go more higher Just show your Patience Gain high profit
Note Im not your financial advise
All things have perfectly clear in TA
Position long.......
Everything is clearHi friends.
Shark Harmonic pattern is view.
Entry point:0.32_0.36
Targets are visible
SL:0.29_0.31
xem potential long swing monthly pivot developing higher and weekly developing lower. Of course it could rise or go lower prior to their closing time. However they will lmost always revert to that far untested pivot following. One could short the rip upon testing it or long swing to it with a DCA in case it drops more leading up to the CLosure. Tarrget would be where the central pivot and/or weekly/monthly h3 comes in after this next weekly and monthly close on their respective levels.
Using camarilla pivots + cpr magnet reversion method. Weekly/monthly levels
XEMUSDT Good buy positions ✔Hello Traders, Hope you are having a fantastic day.
Today in this analysis, I want to talk about XEM. After a sharp correction from 0.60 to 0.30, XEM has been playing on a strong support level ( Purple range )
which has been tested several times as you can see. But what now?
There are 3 good positions for long in my opinion :
1) When it touches the strong support range around 0.30.
2) When it breaks out of the short term descending trend line ( yellow line ) and consolidates above the line.
3) When it breaks the strong support range of 0.30 and touches the Mid term trend line ( blue line ) around 0.28 ( which I don`t think is going to happen )
When XEM breaks the yellow line, First target is 0.40 and if it breaks the 0.40 resistance, I think 0.60 is easily reachable.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my analysis on BTC, I have linked it below and also don`t forget to follow me for further updates and new analysis.
Thank you so much for reading my idea on XEM. ✌
