NEM
#XEM Investment (Chapter "2")Peace be upon you, Salam Aliukom brothers
In the beginning, I would like to congratulate My Muslim brothers by the holy month of Ramadan I ask Allah to make it a month full of good for all human beings.
On Dec 2017 we shared our first investment signal for NEM and this signal gained a profit passed 500% up to 950%
You can recheck it from here
Link
for sure since this time we keep tracking and analyzing XEM, Also we posted many signals after this investment we will mention them below this analysis.
Today we are with an appointment with the second Investment chapter for XEM
first, let us start with a short description of this coin:
What is NEM?
The NEM Smart Asset System come to market After forking from Next, NEM in 2015, NEM allows you to totally customize how you use the NEM blockchain. First, your Namespace defines your home on the blockchain where you can name your own Mosaics, provide easy-to-remember names to user addresses, and more.
Also, NEM presents many unique features most notably the 1 minute block time, proof of importance algorithm, multi-signature accounts and unique harvesting methods.
NEM categories
Real world assets
(CoinMarketCap) " Rank 22"
Market Cap
$458,712,138 USD
73,066 BTC
Volume (24h)
$19,078,652 USD
3,039 BTC
Circulating Supply
8,999,999,999 XEM
Now what technical analysis tells us:
We can see NEM loss -95% Since this ATH on Dec 2017 / Jan 2018
Right Now NEM move above Strong support level ( 700/740)
This Equal the Pivot points S1
Patterns-
we can see clear falling wedge " Bullish Pattern end with Bullish move" but this bullish bias cannot be realized until a resistance breakout occurs.
The current move looks like a copy of this movement on Jul 2016
With differing in circumstances and current market factors of course
After all, time extract our buy zone and these depend on
fib level/Pivot levels and previous support, with the supports of the trend line on the falling wedge
Best buy zones:
(Scalping) between 700/740 with reward start from 20% to 40%
we already opened signal from 778 on our VIP since a few hours ago gained TP1 but we don`t recommend you to enter now
(Investment)
550 /360 this lower level of weekly Support and probably we will see XEM rebound from it so if you looking to start an investment these are good levels come with reward starting from 100% up to 500% as an intial reward
(Investment from max dips)
(150/ 100S)
XEM will reach these levels in one case if the market goes to new low or XEM get bad news anyway these levels come as Investment from max dips reward starting from 200% to 700% as an initial reward
Max invest:
5% to 7%
and always in investment use, your profit, use some money you don`t need it to pay bills or anything else something from your needs
Success Rate:
( Medium)
(Trade Time frame)
190 Day to reach investment levels if the market turn to new low then start the recovery
Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay
NEMToday I want to pay attention to the coin hem. Over the past year and a half, many projects have not survived the bear market. Problems also affected this project, they reduced the team, launched the long-awaited catapult - but not at the right time.
Now XEM is priced at the lowest price.
But I like the development strategy and the popularization of their blockchain in universities in the long run will achieve the result
Technical analysis
A falling wedge was formed. This is a reversal figure of the target when I break through the resistance line I see in the range of 1000 sat first
NEM/Bitcoin (13 May) #XEM $XEM #BTC $BTCXEM has fallen a lot in the past time and now has reached the area that has the high ability to reverse.
You can accumulate from 730-750sts and sell around 1000sts. I think this is the bottom price of XEM and can hold long-term
Stoploss if price is lower than 630sts
xembtc binance signalBINANCE:XEMBTC
#SIGNAL
#BINANCE
#XEM/BTC
ENTRY ~ 1231 - 1222
TP1 1262
TP2 1278
TP3 1321
TP4 1351
SL 1204
TIME: 1 - 24H
XEM - FINALLY SOMETHINGIt seems this could be its first awakening after a long long sleep..
Almost all alts already did some nice movements or still working on that right now.
Whilst the NEM is that one from plenty of them without substantial move, up until now.
There is scheduled conference Money 20/20 in six days. It's like enough we could hear about some good news.
But what about TA ? What does it want to tell us?
MAs -> bullish
Momentum -> bullish
Volume -> good
ATR -> green
Have a good time!
That wasn't bullish move...in last few hours but until price is above 5 cents, all is ok for position from ma previous idea for XEM.
Market makers will decide where it will go. However longterm i am still very bearish for whole crypto. Bear awaits cheap XEMs in this case (1 cent or lower will be extremely cheap).
Update on $XEM, potential ascending triangle as continuation of
UCTS Buy signal active (10+%)
RSI & MACD rising
Crossed above EMA50 with sucessful retest
Crossing Ichi
Breaking above current resistance with volume should lead #XEM to ~1500 sats target.. =)
NEM (XEMBTC) Prints Bullish Divergence (90% PP)NEM Had a strong crash recently and its price dropped hard. I've been getting messages asking me to take a look at it... Here I AM.
We have several signals that are pointing to XEMBTC finding support, with the strongest one being the bullish divergence marked on the MACD and chart (red line).
Additional signals bullish:
XEMBTC is trading near the lower band of the Bollinger Bands.
RSI is massively oversold.
Good volume building up (check the 4H time frame).
Targets and stop loss can be seen on the chart.
Conditions for change: A break and close below 0.00000997 would invalidate the above signals.
Thanks a lot for reading.
Namaste.
Trying to stop falling after the "we are broke" news...$XEM Trying to stop falling after the "we are broke" news.
Currently breaking without volume(Warning) the descending channel.
MACD Looks bullish, RSI rising from oversold levels...
We can see a symmetrical triangle that can help to identify the breakout.. Set Alerts and wait. #XEM
Also on the 12h chart we can see a gartley pattern signaling some bullish movements but again no volume.
UCTS not showing signals on the daily.
I will update as soon as I see changes. $XEM
XEM-BTC Long Trade PlanCommodity : NEM
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 5% to 14%
Prospective Loss : 2%
RRR : SL to TP1 is 1.9, SL to TP2 is 2.97, SL to TP3 is 4.31 and SL to TP4 is 5.41
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Daily Bullish Signal $XEM #XEM (1 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Failed to break, could retest again?Failed to break above above current descending broadening wedge.
Now retesting current support (remember we are ATL levels).
Bouncing from here could lead us to a breakout. Daily MACD still bullish, RSI flat...
Potential Targets on the chart
NEM XEM - Squeeze Breakout Pending!Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Oh boy where do I start here. This chart looks so good I don't know what to do with myself. Here are the key points from the chart:
1. Volume based resistance levels. Based on volume patterns, especially around November 12th, we see major resistance has formed here. This was proven when we fell through in early 2019 and failed breaking that resistance level. I expect a retest of that level.
2. A "double pump" could indicate (note I said could) a 1-2 1-2 pattern indicating a major impulse is possible. This would need a major breakout to complete the 3 wave but if the 3 wave extends more than 100% of the first wave, we're increasing our probability of a 5th impulsive wave to get us to 1629.
3. We're in a squeeze on the daily chart. This is important. This means we've basically gone sideways with little volatility. Typically there's a breakout of a squeeze then another squeeze gets entered and it breaks out in the opposite direction. We haven't broken out of the squeeze apttern but momentum is heading in the positive direction.
Now, we've got some room to work here. You could enter at 1095 but look for a tight stop loss. I've got my stop at 997 but you may want to use 1050 as a stop if you want to risk less capital.
Also, Brev, don't go all in.
Trade safely friends!
<3 -CE-