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XEM

NEM - XEM Long term outlook with multiple Cup & Handle formationSo I'm a holder of Nem and I fully believe this is one of the platforms of the future. Lots of interesting projects in the works and already a few with real world applications which are functioning. The more I get into crypto, the more I realize how many of these coins or tokens may never see light of day, or could be several years down the road. Lots of interesting and ambitious projects, but for my core holdings, I prefer currencies which are working now. NEM is one of those and with new projects coming, upgrades in the works (catapult), new marketing initiatives, etc etc, I can see this scenario playing out. Will take time, but this chart is possible by end of the year IMO. I'm projecting cup & handle as the first half is formed already, and NEM seems to currently have a tendency of forming this particular pattern. Short, medium and long term charts all show this pattern. So let's see...
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by dctobkk
NEM coin (XEM) - long term bullish trendline respectedIf Bitcoin breaks the long term 3000USD price barrier signalling a new bullish run I would expect XEM to fully recover after it's nearly two month long bearish run. Everything depend on Bitcoin price and hardfork situation. If Bitcoin starts a new bullish wave we can expect many altcoins to rise fast, since most charts look similar: an insane run of the summer begining is now corrected but overall 2017 trendline upwards is still on. I also would give high probability for Bitcoin to move upwards due to: * Lower amounts of Bitcoin in exchanges * People are likely to cashout their BCC instead of BTC for profits, since this is basically free money. All eyes on Bitcoin, stop loss under the long term trendline (0.00005090).
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by juliusjulius
2
Ripple (XRP) Stellar (XLM) NEM (XEM) BULL BREAKOUT AHEADXRP XLM XEM seem to move similar to one another in about the same time frame. All three coins are currently consolidating at their support lines. Interestingly enough, a MACD Bullish Crossover may be your earliest sign. A riskier, but more profitable entry will be here. As the trend continues, it will coincide with an entrance into the Cloud. 2 Ichimoku Cloud Signals will confirm the beginning of a bullish trend: TK Cross Kumo Cloud Breakout If you are looking to maximize profits, and grow BTC, then look to exit when these coins make ATH. Expect another weekly cycle of consolidation thereafter. Once you've exited, you can rebuy these coins during its Consolidation Runs. Based on my experience, you can be more consistent with your profits, if you trade by looking at Weekly cycles on the 1 DAY TIMEFRAME. You'll be able to manage profits consistently across more coins. Not only are you more likely to to have a higher efficiency in profitable trades in a particular coin, you'll also be able to maximize the value of your BTC if you decide to jump back into Fiat to buy BTC dips. The added benefit is that you can simplify your portfolio tracking to insure that you are maximizing your BTC gains, by having BTC on hand when buying back into BTC during corrections Flash Crashes, Dips, etc. So to summarize my Investment/Trading Method: 1. Buy AltCoins during Consolidation Periods (when they are at an equilibrium price, not necessarily the lowest) 2. Look for Confirmation of 1DAY TF Bull Runs (ACD Crossovers or Ichimoku TK Crosses) 3. Sell AltCoins for BTC at RSI/MACD Peaks / ATH 4. BTC Bull Runs, so its Value will Increase compared to Alt-Coins / Sit and Hold Patiently, then Sell into FIAT/USDT at Resistance/ATH 5. HOLD Fiat/USDT and wait for BTC Corrections (Dips/Flash Crashes) etc. 6. Then buy back BTC REPEAT for the next Consolidation Cycle
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by Soulanti
12
XEM NEM - Impulse waveTake it for a ride. Honestly I have no clear ideas & opinion about the insights of Nem. Here, the idea, is just the repetition of the wave. The crosslines point in the support + the rendez-vous and the overall trend line make me confident. The drawing part is just a cliché. By following Fib lines, we can expect at least 12000 as a target, but we need more data to know the real potential . x2 is an option. Focus on settings, timing & variables is needed here because we want to surf on a period of a wave then get out before the scum bath. I will update. Ideas & corrections are welcome. Cheers
by Jerome_Aki
NEM/XEM ARISE!!!After forming a double top pattern, the inevitable fall came and XEM / NEM was forgotten by many, being the fourth most important coin in the ranking of the crypto market. Following Bulkowski's theory about the Adam & Adam double top pattern, where levels A, B and C are marked, and then take a change in the trend towards a bull market. coinmarketcap.com We will have to get around the kumo and not get into it, to achieve the target price. As one of my 3 favorite coins and thanks to her having done in February of this year the best trade so far, I hope we continue to give us great joys. As always, greetings to all and thank the followers for the feedback, likes and good vibes. Stay strong, keep bullish! Thank you
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by AndresThomasShirakawa