It's of course my opinion, and few other peoples of course, that XEM and blockchain named NEM is best developed blockchain on the cryptoscene, and it's advandages are not yet fully discovered by the rest of the world. I may be wrong, i'am not a prophet, but this is plan how to accumulate this cryptoccurrency, on which levels. Percentage of accumulation in any...
I will seek shorts around 4050-4080, but trade will be closed when i see blue line touched.
arrows shows price targets to for fulfilment of this formations.
It's my old strategy, from stocks markets. I'am curious if entry like this will pay good here. I changed my view on cryptomarket overnight. Rebuyed my 30000XEMs (25% of all od my XEMs) and try to close this position in TP3 place (48cents). But when someone wants manage more logical entry like this must divide profits in 3 stages (3 blue lines in my chart, 32cents,...
Bitcoin often do this formations. See my previous idea:
As You can see this formation is in play on this pair. So accumulation on retraces with target 50cents+ is now not bad idea.
My latest counting for XEMUSD and XEMJPY, must be corrected, according to principles of Elliots Waves Theory. I know that many say, that it not works in crypto or forex or even elswere. For me this theory works, but is very hard to implement in daily trading, and deliver too many possibilities of counting, that often lead to losses on market. But i try to publish...
As long as the red trendline will be unbroken, trend is clear (so buying BTC on retraces should give more than shorting). My drawing shows possible scenario for Bitcoins growth. Lenght of the 5th wave is not easy to predict. I opt for 6000+:)
Some bullish moves encourage me to make this plan, in opposite to bearish plan published by me. This is the plan and not a prediction of prices in the future!
Bullish Gartley is forming (at least 3000-3300 sat area should be visited if we want to use this formation for trading). Plan will be of course invalidated, when strong upward moves above blue line (daily two candles closed much above this line) will be showed.
My plan is simple, 50% of my Bitcoins earnings in his bullrun (i hope it lasts to 9.09.2017) i will use to buy incredibly cheap XEMs (hope for 2800sat). As i dont have many time to trade now on hourly basis, i will be observe on 1d and sometimes on 4h basis. If i see Bitcoins huge 5 waves drop from his ATH (hope for 6000USD in september) i will sell 80% of all my...
In blue area XEMBTC will be very bullish. In XEMJPY pair that can turn out to Moontime.
... that XEMJPY will be glorious But this is very very longterm vision.
As i wrote in my previous idea, fiat pairs are now much more suitable for me to analyze and trade.
As i wrote here, XEMBTC has chance to little explosion:)
drive.google.com See the link above. Its my personal XEMUSD chart (made in MT4), daily timeframe. I think XEMtoken may be quoted in nearest future @ 0,5 USD or more. However for long entries better points (and moves up after this points) will be above cloud (the same in XEMBTC chart). Let's see what market say to that projection;) edit// Beware fake dumps on...
Now we have situation of bearish sentiment, that can lead to price depression even much below 2000sat. Observe and do not take longs under red cloud. Trend is clear now. It is south. What a shame:(