XEMUSDT trade ideas
xemusdt: in preparation for the second wave!!xemusdt is about start it second upwards movement.
0.43 and 0.55 are two shortest targets.
XEMUSDT can again move to 0.8 $- A deep correction
- Well support on the zone
- Ichimoku cloud is supporting too
Xem.be sure of pumpingIn xems movements there will be bouncing,so be sharp and be in position according to Eliot for bigger profits, good luck with that
You can make a lot of money if you buy this crypto in JulyAs seen in the chart, this crypto has finished an impulse wave and now is in correction.
Currently it's in A wave and is about to finish its 3th wave.
These green colors you've seen for the past couple of days are nothing but 4 wave of a bigger 3 wave.
Hence, do not think of long positions until July. When the price reaches that final box (which means A wave is complete.), it's ready to form a massive B wave.
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XEM ready to leave the flag:)After a day trading around 40 cents, almost time to leave the flag.
Nice short term trade. (+20%) No advice.
The fall was catastrophic but ?!We have signs that the situation is stable, and the famous 32-cent area has shown good support. We need to break our downtrends to move forward, and we will succeed. Note the yellow axis line in the indicators and the downtrend line in the chart. We need to break them to keep moving. It is better to remember the slogan of this network. (New Economic Movement)
XEM Buy Signal Crossover and green bar on XEM chart. If it can go past the 0.4522 Fibonacci retracement level, place buy orders.
NEM (XEM) - March 17Hello?
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You should watch for any movement that deviates from the 0.3291-0.4078 range.
If it falls from the 0.3291 point, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
If it gains support in the 0.4078-0.4471 range and rises above 0.5280 points, I think there is a high possibility of turning into an uptrend.
However, it must be supported and climbed at 0.5662, an important point.
To get off the downtrend line, you need to check the flow between around March 23rd and April 2nd.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
NEM can be Bought and hold for a while 07/02/2021as we can see XEM is in a ascending parallels channel and can be purchased and hold for a while as it seems to be in a good place to purchase
we can see it has already bounced from its previews waves Fibonacci retracement golden zone ,and crossed up from its accumulation zone
it has a very good chance to touch its Fibonacci expansion of 27% which has got some confluences with upper boundary of the ascending channel
we have specified 2 TPs and Stop loss level in this trade
please comment you opinion regarding this prediction
XEMUSDT OUTLOOKPossible LONG ZONE residing below current price.
I think its possible to see a potential bullish move from this highlighted zone
Everything is possible by NEM; (XEMUSDT analysis )Because together, everything is possible
One ecosystem, two blockchains, a world of possibility.
❇️(coinmarketcap DATAs:
Rank #26 -kind:Coin - On 94,212 watchlists
Market Cap: $3,616,917,338
Volume 24h: $671,617,624
the total supply of XEM is 8.999 billion coins )
What Is 🌟 NEM 🌟?
NEM (New Economy Movement) is an ecosystem of platforms that use blockchain and cryptography to provide solutions for businesses and individuals. XEM is the native cryptocurrency of NEM’s NIS1 public blockchain.
NIS1 operates in a similar way to Bitcoin (BTC): it has a network of distributed independent nodes that process and record transactions on a public ledger called “blockchain.” These nodes are incentivized to contribute their time and computing resources and remain incorruptible via transaction fee rewards; these rewards are paid out in XEM coins to each node that manages to add a new block of transactions to the end of the blockchain.
However, NIS1’s blockchain has a number of unique features that set it apart from Bitcoin and most other cryptocurrencies.
The alpha version of NIS1 — or NEM as it was known at that time — was launched on June 25, 2014, and its mainnet went live on March 31, 2015.
❇️NEM ECOSYSTEM:
👉 1-NEM nis1 : explore, innovate and create using blockchain
👉2-SYMBOLE from nem ;to power possibility and connect business with blockchain
👉3- NEM VENTURES :To identify, incubate and invest in projects that innovate using blockchain
👉4- NEM COMMUNITY : To build the brands, improve the technology and foster inclusivity
❇️Who Are the Founders of NEM?
NEM was originally created by three developers known by their pseudonyms on the Bitcointalk.org forum: Jaguar0625, BloodyRookie and gimre. Since its inception in 2014-2015, NEM has grown from a personal project of three programmers to a large ecosystem composed of several platforms.
refrences: coinmarketcap -nem.io
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✅TECHNICAL ANALYSIS
As we can see in the monthly timeframe logarithmic chart for xem/usdt , The current price roam about $0.4 ,
it has beautifully taken the shape of a cup, which is valid for us. If it follows the pattern, it will make about 500% profit only by reaching the first target 2.2$,and reaching the next targets is very amazing.
We also see that the price was growing in an uptrend channel and whether it goes up or corrects the price in the medium term, it will move as wide as the channel.
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
Will XEM Hit $0.60 Again?XEM price traded at $0.38 with a gain of 16% in the last 24-hour and 45.20% down in the weekly time-frame. In contrast, the market capitalization stands at $3.247 billion. Technically, investors may perceive a negative crossover in SMA. Moreover, the movement of price can be towards the resistance of $0.60 after a pullback from $0.32, Also the Symbol launch may push the price further.
Resistance: $0.60
Support: $0.32
