NEM breaking out of the triangleFor the past few days the volatility of NEM has been decreasing. I think that we can see a triangle-pattern on the chart. This could be a signal for a long trade.
BUY:
~10500 as 0.5 level of Fibo
~9700 as 0.382 level of Fibo (less likely)
TARGETS:
~13500 as last high
~18000 (long term) as 1.618 Fibo
XEM
NEM-XEM/BTC C&H TO +500% of PROFIT
XEM / NEM is forming a cup and handle pattern with the possibility of doing almost + 500% increase.
If and only if:
That the retracement reaches the value/range 7142/8496 (BUY ZONE)
Make a pullback and inevitably break the neckline.
And that during the formation of the handle there is an increase in volume.
If these three conditions happen, prepare to see NEM / XEM where it really has to be.
It's been a while since I published.
Greetings to all and good vibes for this 2018!
XEMBTC - Looks like a breakout is coming to the upsideLooks like a breakout is coming to the upside. In around 0.00010600, setting a stop-limit at 0.00009600 (take profit before the 0.00013500 mark to be safe). This is just an idea (I am not a professional and no one should blindly take advice), everyone should be doing their own analysis and make their own decisions. This is my first time publishing an idea, let me know your thoughts and comments, I am always looking to better my analysis and will try to provide the best ideas I can. Thank you.
XEM/USD long trend aheadEven though we recently learn about China is moving for a cryptoban, XEM* is already well implemented in the east and should provide a growth in the month to come.
The recent down is probably due to the uncertainty related to Catapult and China Cryptoban rather than about the fundamentals of XEM*
The demand has a steady growth but could be slowed by a lack of platform trading the XEM* and the lack of counterparts .
In order to break the 1.09 resistance, those 3 issues have to be clarified.
The coin may stumble a little longer, as no support have been clearly identify and as the future doesn't look clear enough yet.
In conclusion, look out for the any news related and any sign of rebound.
Analysis done by The Foil
31.12.2017 03:31
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XEM/BTC TRADE IDEAThis pair seems to be inside a consolidation flag, and it could head two ways that I pointed out on the graphic. RSI shows that there's still room for growth in this market, and considering that BTC is currently going into a correction phase, it wouldn't surprise me if price breaks the downtrend line and heads towards resistance. The 1.12 dollar level could be a good entry point if price breaks the uptrend line and DMI+ confirms upward moving, and then we'd be looking to a gain of possibly 12% gain if it hits resistance and you wanna leave at that point.
I understand the fact that there's no exchanges currently trading XEM/USD but with bitcoin dipping in price we could use this pattern to analyse the XEM/BTC pair. I'm just starting to make analysis, hence why I don't feel confortable posting analysis regarding pairs with BTC because it's behavior is hard to predict.
Let me know what are your thoughts on this and if you think i've made a mistake feel free to correct me.
Peace,
Daniel
NEM + CATAPULT + = global solution for global financeThe solution of the connection between commercial product MIJIN with private blocking and NEM with its public blockchain is called catapult, the release of which will make a furor in the sphere of finance
Moving in channel. Near support line. Going to the resistance line of the channel
XEM/USD Daily Update (17/11/17)Crypto is the trend right now.
I am seeing bullish-ness, however a break above 0.26 would be a safer entry.
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XEM/BTC [Nem] MID-TERM AND LONG-TERM XEM/BTC
Xem have support Flag , ABCD PATTERN
We can wait for Xem down to 5000 - 5300 . Which help complete XABCD Pattern
Pending order : 5000 - 5300 or ( you can buy price current )
Sell target : 61500 - 78000 - 88000 - 98000 - 11000
Stop loss : 3600
Good luck
Thanks