Neweconomymovement
XEMBTC UPDATEXEM has broken through a 4hr resistance but did not continue up to test the next resistance. It is now heading down to retest the previously broken resistance(now support). If it holds here and bounces I believe there is some good potential for gains to the targets I have set out here. 53% + to the peak of the previous bull run in and i believe there will be some good opportunities to swing trade this on the way back up.
Watching closely!
NewEconomyMovement (XEM) Getting Ready (380% Profits Potential)NewEconomyMovement (NEM / XEM). This is the coin that we will be visiting today.
I will be sharing with you the trade instructions, charts, indicators and signals, as well as some text about the different reasons why we trade altcoins.
This is a very strong project, with a great team and lots of action always going on. Looking at the charts reminds of the last time I traded it, easy money, always, this time around we can earn even more.
So let's start this trade by looking at the 2017 daily chart. This chart goes back to the beginning of March 2017, you can see XEM's last two bull run:
- Here you can see XEM long term.
- The red square represents the price range at which XEM usually takes off before a bull run. It happened twice already, the third time the top was low, compared to the first two, but the fourth time is yet to come. This is the next wave that we want to ride all the way up.
- Magenta price is the top. Both runs reached the same all time high.
- The black dotted lines represent the bottoms.
- These are just some basics, we will be taking a closer look later on...
Let's look at the same chart above but with weekly candles... It gives a clearer view, and it is also good for your learning and entertainment:
NewEconomyMovement (XEM) Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy-in: 0.0000330 0.0000410
Targets:
SHORT - MID
(1) 0.0000460
(2) 0.0000508
LONG
(1) 0.0000547
(2) 0.0000708
(3) 0.0000969
(4) 0.0001155
(5) 0.0001392 (All time high)
(6) 0.0002075 (New all time high)
(7) 0.0003181
Trade strategy: Aim for profits. Buy within buy-in range and wait for your targets to sell. If the price of Bitcoin crashes once more before XEM takes off, do not worry about it, wait longer until the next altcoins market bull run starts and sell for profits. So just buy & hold to later sell on target.
CHARTS, SIGNALS & INDICATORS
- On the daily chart, I can see very strong bullish signals coming from the MACD indicator.
- The overall structure of the chart is a bit of sideways, with tendencies of going bullish.
- Many of the same signals & indications that are available in our other analysis can be spotted in the XEM charts.
- Please allow time for this trade to develop.
XEMBTC Bittrex 4H up to 07APR18 Trading Analysis (TA)XEMBTC Bittrex 4H up to 07APR18
4H Chart, also works in 1H, at this time the NewEconomyMovement (XEM) has been floating on SUPPORT ZONE 2 for a couple of days after the RESISTANCE ZONE 1 became into support once tried to break RESISTANCE ZONE 2 ( our next target); the 50,100,200 MA indicator is crossing into an ascending pattern (Blue Arrow), along with a slightly ascending movement on the MACD and RSI (Checkmarks), if this properly explodes would be nice, but keep always a spare tire, just in case. At this time the Market Cap in trying to move over the 262 Billions. Good Luck!
4H Chart, también funciona en 1H, en este momento el NewEconomyMovement (XEM) ha estado flotando en SUPPORT ZONE 2 durante un par de días después de que RESISTANCE ZONE 1 se convirtió en soporte una vez que trató de romper RESISTANCE ZONE 2 (nuestro siguiente objetivo); El indicador 50,100,200 MA se está cruzando en un patrón ascendente (flecha azul), junto con un movimiento ligeramente ascendente en el MACD y el RSI (Checkmarks), si esto explota correctamente sería bueno, pero mantenga siempre una rueda de repuesto, por si acaso. En este momento, Market Cap intenta mover los 262 mil millones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
March : Bullish Accumulating Month for XEMFA :
- First of all a proved-itself coin for years, not a shitcoin.
- 20 exchanges you can trade XEM. In this month it will be 21.
- Top 20 coin on total market cap.
- At least 1 event on every month till summer.
TA :
+ Correction is over.
+ Holding on the bullish support.
+ Moving averages are still bullish. (Green line : 50MA, Brown line : 100MA, Purple line : 200MA)
+ RSI is bullish too.
+ Very oversold in last month, it will be bought in this month.
+ Just gave bullish reversal sign yesterday on XEMBTC chart.
+ Whole cryptocurrency market is recovering.
MACD and Volume are not satisfying but already dipped and possible to get normal & bullish. Looks like it will go into a horizontal congestion trend which is a buy-zone in March.
Targets : Fib levels.
Stoploss : 0.30 USD.
Time : April & May. Also possible to make a breakout in March.
Good luck Do your own research.
Please comment if I have mistakes.
XEM/BTC - 3/28/2018Good Morning, Traders!
NEM is currently looking at extremely low volume on Bittrex and is consolidating into what could be the formation of a triangle. The bottom trend line forming the triangle is solidified by 3+ touches, although the top has only touched twice. If the volume continues to stay this low when the price finally breaks out of this triangle, the breakout will not be very significant and there will not be much price action. If the volume assists the breakout though, the price is expected to reach at least the 78.6% retracement level due to little resistance before this level. After reaching here there may be a short retracement that usually occurs after these types of breakouts, before reversing again and continuing in the bullish direction. The complete breakout is measured by the green vertical line. The price will only reach this level due to this breakout if volume allows for this.
Important Resistance Levels: 3949, 3641, 3408
Important Support Levels: 3043
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Arham Bheda
Senior Research Analyst
Important! Profit Delivery!My Awesome people I've been offline for 3 days and haven't been able to deliver you some cash let's get back into it.
Here you have XEM found a bottom from 9th December 2017. MASSIVE POTENTIAL here, we are moving nicely but that volume indicator is just jumping out at me saying we aren't going to stop today!
This is great, this supports the move the momentum (black dotted line) is smashing up showing us that with this speed we aren't about to stop.
We have some healthy targets ahead! I want to say now, with BTC so volatile run a very tight stop loss. BTC could ruin us but this trade will bounce back anyway with the volume pouring it like it is.
The targets on the green lines when we cross over the top of these they then become your support lines so i want you to put your stop loss 1% below each green line as we cross.
Trade safe people also if the daily candle on the BTC closes below the 200EMA think about closing off some of your position here.
Cash Is King Peeps! Let's get back to making our 5-10% per day
While I was banned you missed loads of opportunities even this I could of had you in 10% lower! I had no way to reach you all so we have some loads of cash to make up for, i will also look at putting together a chat.
$NEM Nearing BottomAfter all the FUD begins to settle we will be seeing continuation.
We just finished the ABC retrace out of the previous market cycle and landed back on support of the 1 wave.
This is a classic .88% retrace which is familiar inside altcoins.
Oversold on the 12hr RSI.
We need to see how prices react to the .88 but overall im bullish.
If we fall lower than the .88 a full retrace will be likely.
XEM/USD - 2/8/2018NEMs price is holding up strong while many others continue to decline. At a recent peak in the price, XEM created a head and shoulders pattern which sparked a reversal and a bearish push until the EMA(200) and around the 2/1 Gann fan line. This push has now completed the head and shoulders breakout and the price is ready to rise once again. The price has used the EMA(200) on 5 occasions since July (including the current testing of this level), this brings me confidence when claiming that the price is expected to start its bullish push once again to continue its long-term trend. This level is also backed and supported by the 78.6% fib retracement level and the fact that the RSI was very recently oversold. There is currently no divergence but seeing as though the volume is expected to become bullish again when the RSI increases, the price will increase accordingly. Due to the head and shoulders patterns breakout completion, the neckline of this pattern becomes a strong resistance level which is the basis for the first price target in the bullish direction. The second is characterized by the top of the right shoulder and a level the head used as support when it was almost completed.
Important Resistance Levels: $1.29, 0.839
Important Support Levels: 0.357
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Arham Bheda
Senior Research Analyst
NEM or XEM/BTC; 60% profit potential with a low risk! (Repost)Risk: Low
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
New Economy Movement bounced its 20ma and we need a close above the support line. If we break resistance, New Economy Movement is ready for its next move. A close below support will mean a weakening of the uptrend and our only near support is the 20ma then. That's why we use a SL here.
Buy: Now (Partially) or after breaking resistance.
SL: below 20ma
Targets:
Target 1: 0.00011022
Target 2: 0.00013435
Target 3: 0.00015700
Good luck!
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A two options open position XEMBTC . 60 min tfBITTREX:XEMBTC
Hi everyone. As previously published, the position of NEM at the bottom of the channel was opened. Now I see a sales from the line of resistsnce but position not closed. I see a two points to buy this assets: 1) If price come back to top line on channel or 2) If price a break out a major line of resistance (major creek) and dont will be big volume on sales .