There is a trading opportunity to buy in NEMBTCTechnical analysis:
. NEM/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000054 to 0.0000038). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000054)
Ending of entry zone (0.0000038)
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 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= @ 0.0000073
TP2= @ 0.0000100
TP3= @ 0.0000135
TP4= @ 0.0000217
TP5= @ 0.0000294
TP6= @ 0.0000451
TP7= @ 0.0000579
TP8= Free
XEM
NEM High Volume Breakout | Moving Now! (XEMBTC)NEM (XEMBTC) is printing a strong bullish candlestick to break above EMA10/50 and signal that this altcoin pair is also ready to move.
A high volume breakout above EMA50 is a strong bullish signal.
EMA50 is the magenta line (0.00000493) you can see on the chart above.
EMA100 is the blue line (0.00000570) and potentially the next target if XEMBTC closes above 0.00000511 today.
The RSI is strong at 60.57.
The MACD is on the bullish side.
This chart is bullish and is signaling that XEMBTC can continue growing in the days and weeks to come.
If the prices move down and close below EMA10, then the potential from this pair switches from bullish to bearish.
Right now, NEM is bullish, growing and ready to grow some more... All the details are on the chart.
Thanks for reading.
Namaste.
XEM ANALYSIS (BULLISH VOLUME, BUYERS ARE STRONG!)XEM ANALYSIS:
XEM is another alt that has taken off in a very bullish manner. XEM has reclaimed the 200MA and held it with volume to back the pump. There is no current decrease in volume and buyers are still pushing! I expect a rise to T1 at 640 sats. This is a very small resistance and I expect this to be broken quickly. The main target is T2 at 740 sats. This is within the daily block and buyers should pull back a bit from here. I recommend closing position by T2 and wait to see how market reacts upon entering this zone.
Possible Entires: 530-580 sats
$XEM, Retested ATL BTC level on Binance$XEM
Retested ATL BTC level on Binance and now is pushing up again with increasing volume..
UCTS Buy signals on the 12H and early buy on the 1D
Testing EMA50 on the daily w/ MACD bullish divergence..
Looking for an entry at ~414 sats retest OR R/S Flip at ~472sats
#XEM
XEM/BTCXEM/BTC is coming up to my first potential buy range. This a major level of untested support on the monthly. I would ladder my order to the bottom of this range, averaging my price down. If this first range breaks then I will be entering a more serious order in the second green range. It is vital that XEM holds the second range.
LONG - NEM - DOUBLE BOTTOMDouble bottom in HTFs, about to touch resistance for the 4th time with big volume, remind us to the btc bottom at 3k.
Entry: 0.00000496
TP 1: 0.00000609
TP 2: 0.00000761
SL: 0.00000439
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XEM/BTCKeep it simple!
Looking at XEM on the weekly, we have yet to see a strong hold of support and a higher low play. Because of this I see XEM going lower, and possible testing the buy range (Green box), before the rise can begin. This is an untested range which many alts are following. The 31 Sat's range offers a great risk to reward ratio. From here we can see XEM test the previous support levels which are now resistance. These are the orange boxes. At these levels I would take out around 10-20% of my trade.
$XEMBTC looking for bullish move Yesterdays move up for $XEM had good volume, weekends are usually slow but without sellers participating, I suspect we could see a nice move up around weekly close.
LONG - XEM - Trading OpportunityQuick play here with XEM entering the 4H cloud after a failed attempt at breaking this resistance that has been holding it back for some time now, this is quite a low risk play and has good chances of paying off.
Entry: 0.00000459
Target 1: 0.00000484
Target 2: 0.00000524
SL: 0.00000444
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
This caterpillar will become a beautiful butterfly?since we know that all XEM users will receive 1 to 1 catapult tokens, and at the same time, the XEM network will continue to function, we come to the conclusion that a bearish trend will end soon
Paired with the dollar, we can see consolidation.
If in the next month, there will be no catch from Bitcoin, we should see a breakthrough, a falling wedge
The caterpillar will again become a butterfly
LONG - XEM - Trading OpportunityReclaim of the MA200 on the 4h chart, along with a hidden bullish divergence, probably a retest of the previous high on the way. Tight stop and close targets, as BTC is really volatile lately.
Entry: 0.00000474
Target 1: 0.00000491
Target 2: 0.00000525
SL: 0.00000462
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)