$XEMUSD - Possible scenarioHello everyone!
I believe it's the right time to buy NEM with a short SL and massive TP.
You may mince your TP amounts in various resistances.
It is very unlikely but the price may still drop to $0.18, so bear that risk in mind too.
During the previous analysis, NEM broke the lower edge of the triangle, and the massive sell-off was due to the free NEM airdrops ahead of the launch of XYM.
Too bad that greed in this market leads to actions like this, but I'm guessing that this is the time to recover losses.
The path on the chart is theoretical, remember to either use trailing stops or move your SL or sell positions higher if you are hunting the TOP TP.
NEM
XEMUSDT Some Weird Analysis ( LONG)what do you think about reverse step-like parabolic curve ? i think that's a great opportunity to buy ! and soon gonna fly .. do your own research though
Reversal! Buying opportunityFinally a positive signal for $XEM with the bullish descending wedge. I would buy now, and double down (especially for those with losing trades)
~ not financial advise
XEM (NEM) forming harmonic Shark pattern for upto 670% big moveHi friends hope you are well, and welcome to the new update on XEM (NEM).
From the 1st detailed videos on XEM, I have been telling you that once the priceline reaches the support of broadening formation and in the buying zone of BAT pattern, then watch for the MACD and stochastic to turn bullish then buy within the buying zone of BAT, but the price action broke down the BAT’s potential reversal zone and the support of the broadening formation as well and macd and stochastic are continuously very very bearish and giving strong sell signals.
A possible Shark pattern:
Now if we switch to the 2-day chart then the priceline is completing the final leg of bullish Shark therefore we can wait for the priceline of XEM to enter the buying zone of this Shark pattern and then wait for the daily MACD and Stochastic to turn bullish or at least weak bearish then place our buying orders. There is also good support of 200 simple moving average in buying zone.
Buying and sell targets for Shark move:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Buy between: $0.2445 to $0.1017
Sell between: $0.4331 to $0.7836
The maximum extent of potential reversal zone can be used as stop-loss that is to $0.1017
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 670%, and the loss possibility is also big that is 59%.
A possible bullish Cypher pattern:
Now there is another possibility with the move of XEM, because, in 2-day time period chart, the priceline of NEM has also completed a formation of bullish Cypher.
Now if on the daily time frame chart the price action does not complete the final leg of Shark and we receive the bullish signals by the MACD and Stochastic, then our buying and sell targets should be as per bullish Cypher pattern which is as below:
Buy between: $0.4804 to $0.3475
Sell between: $0.5853 to 0.8367
As per the above targets, this trade will also have a good profit possibility of 140%, and the loss possibility is also big that is 28%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XEM completed Cypher for upto 140% moveA possible bullish Cypher pattern:
In 2-day time period chart, the priceline of NEM has also completed a formation of bullish Cypher. There are also good supports of 25 SMA and 100 simple moving averages in buying zone. Now if on the daily time frame chart the price action does not complete the final leg of Shark and we receive the bullish signals by the MACD and Stochastic, then our buying and sell targets should be as per bullish Cypher pattern which is as below:
Buy between: $0.4804 to $0.3475
Sell between: $0.5853 to 0.8367
As per the above targets, this trade will also have a good profit possibility of 140%, and the loss possibility is also big that is 28%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XEM/USDTNEM / USDT Cryptocurrency Analysis -------- Educational analysis purposes. this is personal idea
NEM XEMUSD - Road to 50 000 USD! Impulse Elliott Wave + Channel!- This is my projection for a Millenium Imuplse Elliott Wave (Road to 50 000 USD!)
- If the market will follow a standard Impulse wave, we can imagine a structure something like this.
- 20 monthly moving average seems like a good moving support/resistance, can be definitely a good opportunity in the future to buy exactly at this point.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - For more information, please check my signature below ↓
- Overall the the price is moving in the ascending parallel channel. The channel is still not confirmed, this is only a projection (as we need at least 2 touches at top of the channel.)
- For my wave's target, i use 1:1 Trend-Based FIB Extension.
- Is this coin a good long-term long compared to other alt coins? Well, this will take some extra research indeed!
- If you want to see more of these ideas, hit "Like" & "Follow"!
💡 XEM/USDT💡 Hello everyone, if you like my idea, follow me with likes and comments, I will also try to share the best ideas with you, Always do your own research before opening positions and always put stop limit.
NEM XEMBTC - ULTIMATE Bullish Rounding Bottom + BREAKING OUT!- On the weekly chart we can see a massive rounding bottom / reversal structure!
- The price is currently breaking out of the local bullish rectangle continuation pattern.
- I am expecting massive ALT SEASON this year, so be ready and be sure to check my related ideas about other interesting coins!
- 2 previous highs have been destroyed by the bulls today and we should expect breakout and intra-day traders to join to the party.
- Also this can be a great opportunity for long term investors as well as this whole weekly structure established in 2015 can be bullish and there is a chance, that we can definitely reach ALL TIME HIGH this year.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- Elliott Corrective structure (ABC) has been completed successfully.
- I will release a new idea about XEMUSDT pair on the weekly chart soon!
- Out profit target can be 0.618 FIB or near all time high.
- If you want to see more of these ideas, hit "Like" & "Follow"!
$XEM NEX Snapshot Slingshot Countdown has begun $BTC XEMId like a "W" please Bob.. for WINNING.
As per white text. Break 1220 and hold above (i expect that happening in the next few hours).
Go on to break previous ATH around 1777.
Door wide open to smash 2k and push for 3k just before Snapshot when EVERYONE who holds XEM gets free New Token/blockchain coin "Symbol".
Expect Fireworks! this one is about to blow!
$XEM
$NEM
Targets Sir? Money box in Orange with the fat $BTC Logo
XEM Lowest RSI EverXEM RSI is below 20 now and this is the time to see the trader's behavior. Start buying or countinuing to sell
XEM (NEM) - 4Hour Analysis (Close to $XYM Distribution)As you may know, today NEM is going to distribute symbol's (XYM) token to all users holding XEM.
Binance also did say that they support these network changes and also take snapshots of the account balance of users holding XEM today.
The distribution is going to happen on 1:1 basis, which means any amount you hold XEM in your account, you will get the exact same amount of XYM in your wallet (Binance also does support this).
Based on the chart and movement, we can see higher highs and higher lows. Also, MACD has crossed up and all things show that we shall see an upward movement soon.
So I expect that today, in the next few hours there will be a huge amount of buyers to get the XYM token, and therefore there will be a pump.
What do you think? Let me know in the comments section and hit the Like button, please.
NEM is bullish w institutions like Meitu loading up on BTC & ETHNEMBTC is above 50 day EMA on the daily and bouncing off FIB support. Buy the golden pocket. NEM futures is tradable on Binance and is currently under $0.54. BTC should be stable with institutions like Meitu buying in. HK is inn.
XEM/NEM 1H - Bullish Divergence Signal!This signal was supported with high volume! Reversal chance..
Good BUY position for NEM!? [Rank #16]Its on a huge buy position right now and in addition to trend lines and resistance clouds, its a bullish behave for me even in long term. Whats your idea?
RSI<50
I'm glad to know your opinion, leave your comments.
Stay tuned. Dont forget to Like & Follow
$XEMUSD - Watch for a breakout and go longHello guys!
There are significant developments ongoing on NEM, mainly the launch of Symbol, so I highly recommend you to watch the advancements of this token closely.
I'm expecting a completion of the ABCDE pattern, breakout from the triangle and a new impulse which might continue up to $1.
See resistances on the chart.
🆓NEM/USDT Analysis (4/3) #XEM $XEMXEM has risen a lot and the selling force appeared at 0.8$ zone. So I think it will have a big correction to 0.6$ zone or even 0.5$ zone, these zones are quite good to start accumulating for a new rally! I think XEM will pump strongly at late March
📅NEWS
👉Feb 28 : Symbol Snapshot & Launch
👉Mar 15 : Symbol Mainnet Launch
👉Mar 15 : StXYM for StXEM Holders
📈BUY
-Buy: 0.585-0.615$. SL if B
-Buy: 0.49-0.51$. SL if B
📉SELL
-Sell: 0.78-0.82$. SL if A
-Sell: 1.1-1.15$. SL if A
♻️BACK-UP
-Buy: 0.78-0.82$ if A. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
NEM (XEM) - March 4Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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You should watch for any movement that deviates from the 0.7226-0.8801 range.
In particular, it remains to be seen if it can rise above the 0.8014 point.
If it falls, we need to see if it is supported in the 0.6833-0.7226 range.
If you go down at 0.5652, you need a short stop loss.
If it falls, you have to think about how you will react in the 0.5652-0.6833 range.
The next volatility period is around March 10th.
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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 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.
Hence, the interpretation is the same as the traditional 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)