$XEM/$NEM - [TA]One more dip before a pumpChecking out the 4H:
Two rejections after it dipped below the 50% retracement line, 3rd time's the charm. Make sure to set a stop loss just in case.
Entry zone : 6020-6610 sats.
6610 is a bit high because it's looking pretty bullish and it's been under the 55EMA for way too long, and the EMAs are about to cross.
It is possible to miss the buy in target, but the MACD and RSI aren't looking too healthy at the moment.
Now, let's take a look at the 1D time interval.
Clear support and resistance lines. Looking absolutely fantastic with RSI and MACD just about to cross over.
I never remember which is the ticker and which is the name...
XEMBTC
XEM/BTC quick profit %5-10 %buy: 7000-7300 sats
sell:
target 1: 7754 sats
target 2: 7863 sats
target 3: 8038 sata
stoploss: 6838 sats
tipbox:
17BUPYGRFqknHUSKTQAmNRrDKsMyH29rvZ - BCH
GTeHWtQaQAGeeEkW5gtgSPaWnMZmyQrUdR - BTG 1.34% 1.34% -4.72% 2.25%
XmXxWSgRqa4ZzzQUbWQnsAfxA1RGPScqZN - DASH
0xB62e34A9C3090Bb442a60C3f5d6Df72Db0341143 -ETH
Good Luck,
NEM/XEM Ready to Go w/ 400% Potential Mid Term (MED RISK)INDICATORS
MACCD levels look good on daily and weekly charts
RSI is decent
MMAR is very positive
Drop in price is still possible
INTELLIGENT PREDICTION
Short term (1-7 Days) - -10% - 40%
Medium term (1-3 Month) - 90% - 400%
Long term (5-12 Month) - 750% - 2,000%
MAKE SURE TO FOLLOW US TO RECEIVE UPDATES ON THIS TRADE
Trade XEM for 100% return and much moreHello Friends,
You all know, a recent attack on Japanese exchange and XEM coins were hacked.
lets do the math and read the news.
1) Max/ Current current supply : 8,999,999,999 coins, 500 M coins direct deduction / reduction. Hackers wnot provide the coins again and they cannot sell because it is tagged by the NEM team.
2) Coincheck going to refund the money I assume it is XEM coin, then it has to be bought. So 500M buy again which is going to be the huge one.
3) We all know XEM is fundamentally strong.
Considering all the above, I recommend a buy.
News info:
$530M worth (500 M coins) were stolen from Coincheck, worst hack.
cryptocurrencynews.com
Then
NEM team has confirmed that stolen coins can be traced and tagged.
www.google.com
Coincheck is ready to refund the amount, I assume they would provide it in the XEM.
api.cointelegraph.com
Technically :
Price is moving in the symmetric triangle
Entry 0.00007500-0.00008600
Stop loss: 0.00006400
Target : 0.00019000
NEM is in the Range Bound and Resumption of Uptrend is expected.Technical analysis:
NEM, is in Range Bound and Resumption of Uptrend is expected.
The price is now below the 21-Day WEMA which acts as a dynamic resistance and prevents from more gains.
DAILY RSI is 45 and above a support level 46.
In H4-RSI , A Bullish exit is occurred which triggering more bullish momentum.
Trading suggestion:
Price is in the support zone (0.000085 to 0.000068), traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000085)
Ending of entry zone (0.000068)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", 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 special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
1. First target is at 0.0000619
2. Without target
NEMBTC ,A good opportunity for long trades in XEMBTCTrading suggestion:
There is possibility of temporary retracement to suggested support zone (0.000088 to 0.000072), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of Buy zone (0.000088)
.Ending of Buy zone (0.000072)
Take Profit:
TP1= @ 0.000106
TP2= @ 0.000137
TP3= @ Free
Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 53.
.Current short-term is range bound, but beginning of uptrend is expected.
NEM (XEM) MOST PROBABLE SCENARIO ANALYSISHello everybody,
Due to the recent Coinchek hack NEM is going to have a really bad weekend I think... Even thought they have nothing to do with the hack per se. As you can see, Elliot Waves formed already, so I am guessing this could lead NEM to a downfal to the 68 FIB maybe even the 78 FIB It broke 200 period EMA, ther is Volume and RSI confirmation so for me it's settled... NEM is going around the 7k - 6k to finally reverse to new highs!!
If you agree or disagree please comment your opinion, thank you!!
XEM (NEM) BTC - 90% profit potential XEM completed 5 waves and ABCDE correction.
And we are in a symmetrical triangle.
What we are seeing now is a break-out or a fake-out?
It also could be more extended correction.
MACD and RSI are looking ok.
Volume is picking up.
We will be keeping an eye on it.
Good news: Huobi just listed XEM
NEM Buy OpportunityThe price bounces from 0.00009000 support level. RSI confirms price reversal and MACD supports possible upward movement. DMI allows opening long positions. Pending orders for buy can be placed above the high of the previous bullish candle. It’s 0.00010500 level. Stop orders can be placed at 0.00008550 level. The profit target for short term trading is 0.00013500 resistance level. The profit target for long term trading can be 0.00018000 level.
Yyuuuge steaming cup of NEM anyone..? Looks like a massive cup and handle formed on the daily chart for XEM/BTC. The trend didn't follow the bottom of the cup exactly, but that is not required for a cup and handle formation. Right now looks like a falling wedge or bullish flag on the handle and we could see a definite breakout upwards toward the rim of the cup if it follows the trend line. If we follow the trend line and break above the rim, next target is the depth of the cup inverted, around 23k sats. It could also start a new trend line after breakout above cup. This analysis is mostly for my personal use to follow and see how this goes. I may join this trade when I see definite upward movement. We are hitting the trend line now so I am keeping an eye on it. Comments and thoughts are welcome, thanks. Good luck and be safe out there! Let's ROLL!
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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Questions? Feel free to ask and your feedback is welcome!
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