Possible growth Due to the break of the short-term channel roof and polbeck to it. We expect price growth up to the specified rang.
XEMUSDT trade ideas
XEM on an uptrend - Higher moves to 1 dollar are possible!Not much to say, but I think we are constructing a very nice uptrend for the midterm traders.
Time to buy XEMUSDT Hello traders!
XEM dropped hard in the first two weeks of March and after that, there was no sign of recovery but now it looks like it is ready to move up and it's at a good price to enter buy.
This successful bullish breakout will give 60% of the gains.
Hit the like Button to support th idea and follow to stay connected
XEMUSDT (NEM) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- XEMUSDT hit an ATH and retraced.
- Price is retesting the flip horizontal support (FHS).
- There's a relatively high concentration of buyers at the retest zone.
- The retracement was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- The market is consolidating in a rectangular pattern.
- This rectangular consolidation is known as the accumulation phase (wyckoff method).
- The accumulation phase is a bullish build up pattern (pre uptrend).
- There's an breakout potential.
BUY ENTRY ⬆️
- Breakout above the accumulation phase resistance (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
SETUP INVALIDATION ❌
- Breakdown below accumulation phase support (S1).
XEM after huge correction. Buy the dip! 🚀XEM is after huge correction, if you are searching for coin which didn`t jump yet it may be good option for you. That correction was after airdrop - our subscribers are happy for sure from free XYM which is worth even more than XEM in this moment. Buy the dip and wait for pump!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success
