💡Don't miss the great buy opportunity in XEMBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00000654). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XEMBTC 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 38.
Take Profits:
TP1= @ 0.00000810
TP2= @ 0.00000960
TP3= @ 0.00001165
TP4= @ 0.00001420
TP5= @ 0.00001755
SL= Break below 0.00000588
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XEM
💡Don't miss the great buy opportunity in XEMBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00000654). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XEMBTC 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 38.
Take Profits:
TP1= @ 0.00000810
TP2= @ 0.00000960
TP3= @ 0.00001165
TP4= @ 0.00001420
TP5= @ 0.00001755
SL= Break below 0.00000588
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Bitcoin + 8 Cryptocurrencies Analisis Hello Traders,
In this video, I will analyze Bitcoin and some other crypto that are giving us interesting technical indications.
For more analysis like that please push the like button and follow us on Tradingview
NEM High Volume | 30 September Event | Bullish | Low Risk LongHi guys,
found a good opportunity to take a long ,
on XEM based on even coming up on 30th September,
What do you say ?
Cheers 🥂 .
NEM/USD Triangle holding. It’s close to the gameNEM, which is currently drawing attention, is forming a large triangular cross-holding pattern.
The low price line is conscious of ¢10 and has become the descending triangle starting from the price here. This pattern suggests that there is a strong downward consciousness by lowering the high price, but the current NEM is in the middle of an upward trend in the medium to long term, and a sharp rise from the cross-holding may be sufficient. ..
If you look at it most recently, ¢12 lines are conscious. Attention should be paid to whether the price will start from this point and surpass the downward trend line at once, or once it has dropped to ¢10 and then switch to an upward trend.
If it breaks out, it will rise slightly up to the latest high of ¢17.
The point of convergence of cross-holding is around 14th September, and it is expected that it will develop significantly within a few days.
I would like to explore a long-term trading strategy, while also confirming that BTC can protect the $10,000 line.
NEM (XEM) Is Breaking Out Now... (Very Easy 37%, 145% & Beyond)Here we are looking at XEMBTC which is showing a strong breakout on increasing volume...
The next target is sitting at 37% for the current price... This is another easy target just as we saw with DLTBTC.
Prices are now moving above EMA200/MA200 which opens the door for additional massive growth.
If you zoom out, you can find additional targets starting with 145%+.
This is not financial advice.
Thanks a lot for your support.
Namaste.
XEM Pre-release runWill XEM run? I don't know for sure, but with alts popping all over the crypto space, a nice run would not be a exception.
On the weekly chart we can see good momentum in the candles and indicators, we are above the MA50
On the daily chart we are pushing against MA200 resistance, a break above would be very bullish. MA's 20 and 50 are showing a possible change of trend and are crossing the MA100 to the upside.
Upcomming events:
XEM Symbol release
coinmarketcal.com
November 2020 or earlier
Can this be the spark for a Pre release run...
This is not advice, just a trade i'm taking as we speak!
Grtz
XEMBTC Signals XEMBTC Analysis
Another one of my alts with huge potential targets are on the chart, Good luck guys.
XEM flipping 600 sat resistance on volume.Binance just added staking support for XEM which has boosted its social sentiment reading on the LunarCrush tracker.
Price has flipped 600 sat resistance and is looking poised for a move up into Fib extension levels around 830 sats.
First test will be historical resistance/spring 2020 highs around 730 sats.
XEM update.Hello, traders.
Here is the update of our last idea on XEM.
You can check it on related ideas.
Push the like button and follow us on TV.
Nem is about to finish accumulation.Nem has been in accumulation hoovering around support and resistance. Recent news will more likely increase value and hopefully bulls will break this long term resistance. Lots of upside potential! On monthly you can spot double bottom.
XEM BUY OR LONG , TARGET UP TO $0.062XXXXXEM has confirmed the "ascending triangle" pattern and is in a good buying zone, I opened long XEMUSDT.
- Price on the MA200 confirms uptrend
- XEM buy : $0.049xxxx - 0.050xxxx
- XEM target : $0.062xxx +- 0.002
- Stop loss : 10%
Wishing you a good deal, let me know your opinion or anything to contribute.
NEM-XEM/USD 2666000% Trend Figures Psychology of a hamster 2-666In this training / trading idea, I showed the whole history of the price chart of this scam coin of high capitalization.
Pay attention to the increase in prices by 2666000% (26660 hamster X) for 2 years from January 18 (6 + 6 + 6) (01) 2016 to January 1 (01) 2018.
What strange figures are 2 years of an uptrend and an increase of 2-666-000%. Is it really a coincidence?)))) I think who truly understands what the number 666 means, and not through the religious prism of brainwashing, then everyone understands that there is no coincidence here.
Please note how, according to all the rules of technical analysis, all the patterns on the price chart worked out:
Lateral movement.
1) accumulation channel. (a breakthrough of resistance and the beginning of an uptrend).
Uptrend. +2666000%
2) ascendant pennant. (formation of the pennant web and pulse development to the height of the flagpole).
3) an ascending triangle. (bullish pattern, working off to the height of the triangle).
Downtrend. -98%
4) a downward wedge. (formed).
Entrance to the market.
Entrance on a breakthrough or pullback after a breakthrough of the resistance line of the downward wedge. Fixing the price above the downtrend main trend will mean a trend reversal and luring a new batch of “hamsters”.
Formerly hamsters who believed that they would become very rich in the near future, as a rule, after a while they sold at very low prices or so, when their faith to become a milleon was beaten heartbroken and disappointed.
A descending wedge is drawn very beautifully. The instrument is merged by -98% from the high. Super profits for a real trader and a skating rink for a believing hamster. Perhaps "soon" will be a trend reversal.
As you can see, the older the time frame, the more clearly the patterns are worked out and it is easier to predict the price movement.
Large timeframes are well suited for positional trading.
But it is very important that a crypto project, even if a scam, were people with big money who are interested in continuing to imitate the development of the project.
For example, how is this cryptocurrency NEM (XEM). It is very important that you can work not only long, but also short on margin trading. This allows you to earn on the downtrend of the coin.
But, nevertheless, in such coins you always need to withdraw a large part of the profit, and to continue to work with a complex percentage to get a new potential profit.
At one time, I had a rather significant loss of money when a tool like NEM suddenly evaporated. I traded coin for about 8 months. Several times increased profit from the original amount. With each profit, a part brought profit from the market. But at one point, the project "closed", tokens were removed from the exchange, trading stopped. As a result, the loss of a full position did not mean a loss, but a loss from profit, as I always deduced part of the profit. But if all this time I only accumulated coins (increased the amount), all profits would have turned to zero. And most importantly, it would be a pity for the lost time to trade this coin. Time has no price, it is priceless.
Therefore, always remember no matter what the true legend and imitation of the development of the project, you can never predict with 100% probability what those or other people who created the project will do.
On this coin NEM (XEM). They launch the Catapult technology on their blockchain for believing fools from 2017 before each secondary uptrend or during the downtrend to stop sales and give believers another sip of the sweet lie of hope.
Since 2017, they announced the launch of the catapult 6 times, they did not even change the legend. Why? The hamster is not a mammoth, it will not die out. In addition, hamsters have a complete loss of memory about events 1-2 years old.
This "technological coin" from
the maximum price fell -98%! Believers in becoming a millionaire in a year are likely to experience wild horror and misunderstanding! In the end, they were secretly told on the Internet that they needed to “manage to buy” this coin, otherwise the chance to become a millionaire in 1-2 years would be missed.
A person going to work from day to day from 8: 00-17: 00 with hard / not hard work, gets a salary, debugs money. For example, during the year he saved up $ 1,000 for investments. And then he heard “in confidence” that you can simply buy a certain coin and become a millionaire in 1-2 years. He was delighted because he believed that he would become very rich! He will no longer need to go to work every day!
And now, after 2 years, he discovers that with his invested amount of $ 1,000 in a promising technological coin for a comfortable life, only $ 20 is left !!! Everything acquired and delayed by hard work has simply depreciated! Indeed, for 2 years from 1000 to receive minus 98% of the investment is something. From $ 1,000, only $ 20 is left . But the investor proudly calls himself a "holder" !
The future millionaire is in shock. How did this happen? In the end, very clever experts from YouTube and telegrams showed him a price increase of 2,666,000% and said that the price would go up forever! Even if the investor - “holder” bought earlier, he does not sell at all! After all, he needs even more! After all, only stupid traders sell, holders always hold on to the end!
This hamster in the bull market had an opinion about himself that he was also an expert and professional. He considered himself very smart and experienced, smarter than other newly arrived hamsters for slaughter. The trend has changed, and the "smart investor" has become a deceived fool.
A stream of hamsters in cycles.
Some "die" - others are "born."
The hamster is not a mammoth, he will not die out.
I think the training article below will be very useful for those who "got into one of the thousands of promising crypto scam projects" and understand the complexity of the situation.
We make losing trades profitable. Martingale + Position Trading.
For true “lazy hamsters” those who like to buy everything indiscriminately at the market are forbidden to use martingale. This method in such hands still fast will lead to a drain of the deposit. Read the work of this trading method in the description.
Those people who are sure that success in trading depends on only one successful purchase and after a while to sell it many times more expensive is doomed to annul its deposit. This is what most think. So this is an erroneous opinion. Thanks to this belief of the majority, the minority earns.
NEM-XEM/USD 2666000% Trend Figures Psychology of a hamster 2-666In this training / trading idea, I showed the whole history of the price chart of this scam coin of high capitalization.
Pay attention to the increase in prices by 2666000% (26660 hamster X) for 2 years from January 18 (6 + 6 + 6) (01) 2016 to January 1 (01) 2018.
What strange figures are 2 years of an uptrend and an increase of 2-666-000%. Is it really a coincidence?)))) I think who truly understands what the number 666 means, and not through the religious prism of brainwashing, then everyone understands that there is no coincidence here.
Please note how, according to all the rules of technical analysis, all the patterns on the price chart worked out:
Lateral movement.
1) accumulation channel. (a breakthrough of resistance and the beginning of an uptrend).
Uptrend. +2666000%
2) ascendant pennant. (formation of the pennant web and pulse development to the height of the flagpole).
3) an ascending triangle. (bullish pattern, working off to the height of the triangle).
Downtrend. -98%
4) a downward wedge. (formed).
Entrance to the market.
Entrance on a breakthrough or pullback after a breakthrough of the resistance line of the downward wedge. Fixing the price above the downtrend main trend will mean a trend reversal and luring a new batch of “hamsters”.
Formerly hamsters who believed that they would become very rich in the near future, as a rule, after a while they sold at very low prices or so, when their faith to become a milleon was beaten heartbroken and disappointed.
A descending wedge is drawn very beautifully. The instrument is merged by -98% from the high. Super profits for a real trader and a skating rink for a believing hamster. Perhaps "soon" will be a trend reversal.
As you can see, the older the time frame, the more clearly the patterns are worked out and it is easier to predict the price movement.
Large timeframes are well suited for positional trading.
But it is very important that a crypto project, even if a scam, were people with big money who are interested in continuing to imitate the development of the project.
For example, how is this cryptocurrency NEM (XEM). It is very important that you can work not only long, but also short on margin trading. This allows you to earn on the downtrend of the coin.
But, nevertheless, in such coins you always need to withdraw a large part of the profit, and to continue to work with a complex percentage to get a new potential profit.
At one time, I had a rather significant loss of money when a tool like NEM suddenly evaporated. I traded coin for about 8 months. Several times increased profit from the original amount. With each profit, a part brought profit from the market. But at one point, the project "closed", tokens were removed from the exchange, trading stopped. As a result, the loss of a full position did not mean a loss, but a loss from profit, as I always deduced part of the profit. But if all this time I only accumulated coins (increased the amount), all profits would have turned to zero. And most importantly, it would be a pity for the lost time to trade this coin. Time has no price, it is priceless.
Therefore, always remember no matter what the true legend and imitation of the development of the project, you can never predict with 100% probability what those or other people who created the project will do.
On this coin NEM (XEM). They launch the Catapult technology on their blockchain for believing fools from 2017 before each secondary uptrend or during the downtrend to stop sales and give believers another sip of the sweet lie of hope.
Since 2017, they announced the launch of the catapult 6 times, they did not even change the legend. Why? The hamster is not a mammoth, it will not die out. In addition, hamsters have a complete loss of memory about events 1-2 years old.
This "technological coin" from
the maximum price fell -98%! Believers in becoming a millionaire in a year are likely to experience wild horror and misunderstanding! In the end, they were secretly told on the Internet that they needed to “manage to buy” this coin, otherwise the chance to become a millionaire in 1-2 years would be missed.
A person going to work from day to day from 8: 00-17: 00 with hard / not hard work, gets a salary, debugs money. For example, during the year he saved up $ 1,000 for investments. And then he heard “in confidence” that you can simply buy a certain coin and become a millionaire in 1-2 years. He was delighted because he believed that he would become very rich! He will no longer need to go to work every day!
And now, after 2 years, he discovers that with his invested amount of $ 1,000 in a promising technological coin for a comfortable life, only $ 20 is left !!! Everything acquired and delayed by hard work has simply depreciated! Indeed, for 2 years from 1000 to receive minus 98% of the investment is something. From $ 1,000, only $ 20 is left . But the investor proudly calls himself a "holder" !
The future millionaire is in shock. How did this happen? In the end, very clever experts from YouTube and telegrams showed him a price increase of 2,666,000% and said that the price would go up forever! Even if the investor - “holder” bought earlier, he does not sell at all! After all, he needs even more! After all, only stupid traders sell, holders always hold on to the end!
This hamster in the bull market had an opinion about himself that he was also an expert and professional. He considered himself very smart and experienced, smarter than other newly arrived hamsters for slaughter. The trend has changed, and the "smart investor" has become a deceived fool.
A stream of hamsters in cycles.
Some "die" - others are "born."
The hamster is not a mammoth, he will not die out.
I think the training article below will be very useful for those who "got into one of the thousands of promising crypto scam projects" and understand the complexity of the situation.
We make losing trades profitable. Martingale + Position Trading.
For true “lazy hamsters” those who like to buy everything indiscriminately at the market are forbidden to use martingale. This method in such hands still fast will lead to a drain of the deposit. Read the work of this trading method in the description.
Those people who are sure that success in trading depends on only one successful purchase and after a while to sell it many times more expensive is doomed to annul its deposit. This is what most think. So this is an erroneous opinion. Thanks to this belief of the majority, the minority earns.
Sideways moviment on XEM/BTCHello, traders.
XEM failed to stay above the key level and the price returned to the sideways zone, which is between an important level of support and an important level of resistance, we expect the sideways movement to continue for more time for this asset.
Push the like button and follow us on tradingview.
Xem possible movement (weekly chart)I still see xem as boolish and think it will go up in a near future. 750 sat is a conservative aim. A development continues and we slowly see as developers reach their aims.
XEM/BTC | Macro Trend Reversal | Golden Cross | Trade Setup Today's analysis – XEM/BTC – A strong break of its multi-month resistance backed by volume; showing signs of a macro trend reversal.
Points to consider:
- Bullish price action
- S/R Flip (trend reversal)
- EMA Golden Cross
- Increasing volume
- RSI above 50
- Stochastics below 50
XEMBTC breaking structural resistance with inviting bullish engulfing candles indicating buyers in the market establishing a bullish bias.
Price currently retracing to establish an S/R flip retest of the structural support zone, price holding support will form a local higher high and higher low on the chart indicating a macro trend reversal, supporting the bullish bias.
The 200 EMA is also in confluence with structural support; putting a strong emphasis on support being a key level. A golden cross of the 200 and 21 EMA will indicate momentum shifting to the upside; another confirmation supporting the bullish bias.
A clear volume influx coinciding with the break of the key level adding validity to the price action. Continued Volume follow-through is needed for a continuation.
RSI is trading above 50 and needs to continue ranging above 50 to remain bullish. Stochastics are below 50, momentum is lacking is the immediate market, however, a valid bullish cross-over will indicate momentum stored to the upside.
Overall, in my opinion, a successful S/R flip retest backed by volume validates a long trade to technical targets above with risk defined below structural support.
If you’ve read this far, I’d like to thank you for following my work and development as a trader!
As always,
Focus on you, and the money will too!