XEMBTC
Future of New Economy Movement (NEM-XEM)By looking at technical analysis i made on this currency, we can observe that it's moving in triangle and soon it's going to break it. We may see rapid upward movement or new hollow. In my opinion this coin has big future, because it has series of news in October and it may reach x2 or even x3 in price. Also it's approaching to 2/1 Gann Fan level, which means upward movement.
What I recommend is to buy and hold XEMBTC for 1 month approximately or you may buy it higher soon.
XEM Going to be hot againI've posted all the important dates on the chart and highlighted each day with a red vertical line. XEM is poised to move on speculation following these dates. So be sure to buy the rumor and sell the news.
XEM is also in a technically good spot for ripe buying opportunities.
RSI and Stochastic just bottomed out on the Daily
Price is near a strong ascending Trendline
On the 4Hour i will be looking for a pullback and possibly a last leg to test the bottom again and bounce off the blue area I have outlined. That would be the ideal place to buy,
$XEM bullish signs; will break out any time $BTC $XEM$XEM is already showing very bullish signs; conferences one after another will serve as catalyst to shoot $XEM to the moon. Sell stops indicated at various fib levels. $XEM needs to break the 0.382 fib level to shoot up - just need a conference as a catalyst.
XEM / BTCWe're in the buy Zone
The very good entry is 5000-5100 Sats but you can buy at 5700 sats
We've two targets : The first at 7200-8200 sats and the second at 8300-9400 Sats
Keys ++ : Buy Zone / Soon the breakout / Big range support
Keys - : Bear Market / If the actually support break, the next support is at 3400 Sats
Stop loss 4700 Sats if you've buy at 5000-5100 sats
Jackpot Buy Zone : 3400-4000 Sats