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NEM

$XEM, Flaoting…. Weekly Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum is in favor of bulls. Expecting momentum to slow down, resistance at 1600 looking for a sell off here. Support found at 1400, will watch smaller timeframe for entry. Last time we saw 1400-1600 satoshis was back in March 2017. Daily Shifting over to our pattern timeframe we see price failed to form a higher high 1535, support found at 1400. Today’s candle opended 1433 with a high at 1450 and a low of 1420. Stochastic RSI showing momentum in favor of bears, expecting price to break below 1400. A daily close above/below our levels shown activates our trade.
Long
by UnknownUnicorn2434649
When the rocket takes off?BUY: 0,00001430 - 0,00001450 SELL: 0,00001650 - 0,00001670 STOP-LOSS: 0,00001400 Support: 0,00001424 Resistance: weak lines Great news. The United Arab Emirates’ (UAE) Ministry of Community Development (MOCD) has signed a cooperation pact with the NEM Foundation that will provide blockchain consultation services. Since October 12, the coin began to fall trading volumes and volatility. Multiple small sales and single large purchases are observed. The rate is hovering in the accumulation zone - 0.00001405 - 0.00001560, and the asset is held in an even narrower corridor 0.00001440 - 0.00001500, gaining momentum to the upward movement. It is rather safe to open long positions in the accumulation zone. Watching the zone 0,00001650 - 0,00001670 and follow the news. If the price consolidates above, then additional analysis is needed to update the exit points.
X
by ZOGRAS
There is a possibility for the beginning of an uptrend in NEMBTCTechnical analysis: . NEM/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. . While the RSI downtrend is not broken, bearish wave in price would continue. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001430 to 0.00001200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001430) Ending of entry zone (0.00001200) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00001780 TP2= @ 0.00002170 TP3= @ 0.00002430 TP4= @ 0.00002930 TP5= @ 0.00003880 TP6= @ 0.00004760 TP7= @ 0.00005400 TP8= @ 0.00006640 TP9= @ 0.00008610 TP10= @ 0.00009630 TP11= @ 0.00011880 TP12= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in NEMBTCTechnical analysis: . NEM/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. . While the RSI downtrend is not broken, bearish wave in price would continue. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001430 to 0.00001200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001430) Ending of entry zone (0.00001200) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00001780 TP2= @ 0.00002170 TP3= @ 0.00002430 TP4= @ 0.00002930 TP5= @ 0.00003880 TP6= @ 0.00004760 TP7= @ 0.00005400 TP8= @ 0.00006640 TP9= @ 0.00008610 TP10= @ 0.00009630 TP11= @ 0.00011880 TP12= Free
Long
by ForecastCity
2
XEMUSD: Simple Channel Down pattern. Short.NEM is following a Channel Down pattern on 1D with distinct Lower Highs and Lower Lows that has just made its latest Lower High (RSI = 54.758, Highs/Lows = 0.0000). Technically and always according to the underlying selling pressure applied by the 1W bearish trend (MACD = -0.081, Highs/Lows = -0.0056, B/BP = -0.0439), we should see a Lower Low on XEMUSD near 0.074. Our TP remains 0.060 but will reconsider once we approach 0.075 depending on the parameters then.
POLONIEX:XEMUSDShort
by InvestingScope
[XEMBTC] NEM Old School Profits [825% PP]Next Economy Movement (NEM) is always on of the list of top cryptocurrencies by market capitalization. It is sitting at #17 with almost $900,000,000.00 in Market cap. This is a very strong project and it has huge potential. The charts are looking simply great for this coin. This one has been a good money maker for us in the past... Let's take a look, let's see what we can spot on the weekly chart:  - Green volume increasing. Still not enough, but the first signal to watch for. - On the right, we have a nine negative count marked by the TD Sequential indicator. This is followed by a hammer and green volume. The price has flattened and is starting to move up. - Very strong bullish divergence on the daily time frame (this signal is yet to show up on the weekly). - We have the bullish hammer candlestick formed on the week that we hit the lowest point, the same price from which XEMBTC bounced back in March and December 2017, followed by a very strong bull run. - MACD bullish crossover. RSI and STOCH oversold (I consider RSI 30 on the weekly oversold). - You can also see our targets on the chart above... Let's continue with the trade instructions, XEMBTC is good to trade. Trade instructions for XEMBTC by Alan Masters Trades Buy in: 0.0000147 - 0.0000166 Next support: 0.0000133 Targets XEMBTC: (1) 0.0000186 (2) 0.0000216 (3) 0.0000276 (4) 0.0000316 Stop loss: Close weekly candle below 0.0000125. Capital allocation: <10%. I AM BLESSED WITH ENDLESS OPPORTUNITIES ALL THE TIME If you miss a trade, don't worry... More opportunities will always be made available to you. Opportunities are endless... I accept it. I deserve great. I accept growth. I believe in myself. Thanks for this great experience. I accept all the positive blessings that are coming my way. I'll be waiting patiently... Thanks, thanks, thanks! Namaste. P.S. Being grateful, is one of the most effective ways to attract wealth.
XLong
by AlanSantana
24
NEM (XEMBTC) Is Getting Ready For Action (Analysis)Have you looked at NEM (XEMBTC) lately? The charts are looking pretty good. Let me show you some signals that I am getting from the daily chart: We have increasing bull volume. Strong bullish divergence MACD. Bullish RSI / uptrend. New formed uptrend. Trading above EMA10 and breaking EMA50. What is most interesting to me is the weekly chart. Here, take a look, a picture is worth a thousand words... The chart is self explanatory... I hope you like it. Please like, share, comment & follow. & Get ready to earn. Namaste.
X
by AlanSantana
6
BITCOIN Has The Correct Line-up To Break Through The Trendline!Yesterday was bullish-day and the "Hammer" worked nicely as a bullish pattern. After the bounce upwards the price found a resistance from the trendline which is pulled from the July 24. Several attempts in the lower time frames to break upwards has failed and currently, it has made a healthy little throwback (movement downwards). Healthy, because after impulse wave (yes, this is tiny impulse) there is always a correction before we may start another movement upwards. As You see, the current correction has founded a support from the golden Fibonacci ratio at 62% and I discovered from a daily chart a very strong area on the chart between the $6,530-$6,550 (marked with the orange 'box') . This area has worked historically as a strong support and as a strong resistance (the March low is also in this zone) and no single candle close inside this orange area, only powerful candles through, up-and-down, this makes this box super strong . So, if the current scenario holds us then there is almost a perfect starting point to go to the higher levels. On the 4h chart, You can see a little bit closer to what has happened. The last 4h candle had a pretty wide range and it touched both important areas the Fibo level as a support and the trendline as a resistance. We got a tiny and sloppy bull-ISH sign, the “Hammer”. Just a little bit too long wick on the upside but again, very nice rejection from the Fibo level! First bullish confirmation is a trendline breakout, if we get at least a four-hour candle close above the trendline then it could mean another leg upwards to the next strong resistance at $6,767. Let's countdown all the bullish price action criteria: 1. October 3. we got a bullish candlestick pattern "Hammer" 2. Yesterday (Oct. 4) we got a nice impulse upwards 3. Current throwback has found a support from the golden Fibonacci level at 62% 4. Current throwback has found a support from the super-strong area 5. We need a little support from the altcoins, so, we need that they start to follow this move! So, technically Bitcoin' is ready to break that trendline! To confirm bearishness then the candle close below the orange area will guide us to the lower levels and the full bearish confirmation is then when we get also a candle close below the $6,460 (blue line). Hopefully, this breakdown helps You out a little bit to confirm Your own analysis! If You want to see the altcoins reviews, then visit "CryptoComes" profile in the TradingView and do not hesitate to follow it! Please, don't forget to LIKE! Thank You for your support! Have a nice day!
BITFINEX:BTCUSD
by VaidoVeek
10
Analytics XEM/BTCAn old project with its own blockchain, offering functionality for creating decentralized business solutions. A distinctive feature is that the coin slowly reacts to the movements of Bitcoin, and sometimes goes against it. Currently it’s a good time to buy an asset for the long term. On the daily chart we see an uptrend, the rate is unlikely to fall below 0.00001503. Comfortable entry point is within 0.00001542-0.00001551, in addition, it’s a strong consolidation zone. A powerful resistance level is at the level of 0.00001770-0.00001780, which will not be easy to break through. During the day, you can trade both on short and long positions (when opening short, you must set close stop losses). Daily volatility is in the range 6-11%. The chart is distinguished by clear and readable corridors, so trading, based on technical analysis, is quite simple. The coin has been purchased in portfolios since the beginning of August. In addition, it did not beat last year minimum. The above gives reason to believe that this asset is good for both intraday trading and long-term investments.
X
by ZOGRAS
Slight upper break-out quickly sold off. Still bearish.The Falling Wedge bands on XEMUSD have been slightly broken upwards on a 1D spike that reached 0.1166 but was quickly sold back to even lower that yesterday's levels. This level (0.1166) is also a 0.786 Fibonacci retrace, and probably the reason for the strong selling. There are two bearish possibilities created form this event: the more slow paced 1D Channel Down (faded channel, RSI, Williams, Highs/Lows neutral) or the more aggressive 4H Channel Down. Both still point to our TP = 0.060.
POLONIEX:XEMUSDShort
by InvestingScope
1
NEM (XEM/USD) Is Technically Good Compared To Other AltcoinsCurrently, NEM' trading on the channel. It has been respecting those channel trendlines and it has made pretty good profit opportunities. After BTC' breakout from the triangle downwards, XEM' has also come down pretty quickly but it is still on the channel and it has still an opportunity to make the higher low. At the moment, the price is a very strong support area, support criteria: 1. The round number $0.1, which works as a support 2. EMA 200 is exactly on the $0.1 and it works also as a support 3. The Fibonacci golden ratio 62% matching with the criteria mentioned above 4. Plus if we drop just a little bit lower then there is the 50 & 100 EMA's and the channel bottom trendline. So, currently, we think that if we see a break and close below the round number then it's a first sign that we might go downwards and the full bearish confirmation would be then when we see a candle close below the trendline. If BTC' finds the support from the current level at $6,460 then NEM' has technically a very good platform to go higher levels and if it happens it makes a new higher low but yes, as we've said, all depends on what Bitcoin' does. Hopefully, those levels and this analysis helped You out a little bit to confirm your own analysis! If You want to get the deeper analysis and the latest crypto-news then please visit our site, the link is on the profile (u.today)! Please, don't forget to hit the LIKE button to support us! Best regards!
BITTREX:XEMUSD
by CryptoComes
1
NEM (XEM/USD) - Waiting For The Big Move Upwards!Currently, the price is below the round number $0.1 which works as a resistance. NEM' has managed to break above the nearest down-trendline which now work as a support! This is a pretty significant sign because NEM' has been on the big downtrend and it has not shown any big recoveries and big pumps. Remember what Ripple' did, it exploded and from a technical perspective, one possible reason was this that it was very far from the major down-trendline (not as other altcoins), so as NEM' right now, it is also far away from the major down-trendline and the possible pump may happen soon if the market starts to show some stability! To be bullish we have to break above the round number and we have to make a short-term higher high (the green box higher high confirmation box). Those first steps will guide us to the higher levels: * Blue line around $0.116 - it is historically worked support and resistance level and the price have made reversals and stops in this price level. * Second one is around $0.14 - there we start to catch some monthly levels and we need pretty good power to push through because there comes into the play also the 200 EMA * The final target would be the major down-trendline. (+100%) To confirm bearishness and the area where You want to consider to sell Your NEM's would be the red box. If we get a candle close below the main counter trendline and below the "nearest down-trendline" then it would be bearish confirmation and NEM' would probably go and test the lower levels! Hopefully, those levels and this analysis helped You out a little bit to confirm your own analysis and if You want to get deeper analysis and crypto-news then please visit our site, the link is on the profile! Please, don't forget to hit the LIKE button to support us! Best regards!
BITTREX:XEMUSD
by CryptoComes