XEMBTC
XEM primed for move upward after breaking off trendlineXEM has broken off of it's current trendline, indicating that it might be ready to break out. We have it breaking out above the cloud with the Tenkan moving above the Kijan.
Macd also indicates strong momentum upwards, and we hope the STOCH will continue it's move back to the top of the channel.
Short/Midterm target (1-2 weeks) is around the first resistance level at .000087, indicating about a 25% gain.
XEM 21.08.2017Let see if XEM can go above the blue line. He has an awesome Support line and it will be interesting to see what will happen in the next few days.
After the high votality i see a little smaller moves and then goes up to the lines above current prices. Breakout will be if xem cann break the correction line in near future. With the release of catapult and the icos we will see a new ath by end of the year
XEM the hodl coinWith the new btc alltime high we see another correction in the alts.
With the release of catapult xem should get another ath, but i have no informations about when catapult is going to release. It should be in 2017.
Until then there is a good chance xem is going into the uptrend again. It has good support levels and is fun to trade like stratis.
XEM (New economy movement) CorrectionXEM still no bottom found.
XEM ist the top 2 coin in China. All money goes into NEO right now.
With the realease of catapult xem should go up, but for then we will dip more.
Reason: BTC ath.
If BTC dip we could see some increase.
Leave your opinion.
LG from Germany
XEM/BTC Trade IdeaGreat oppertunity to buy into XEM at the moment. Currently in the middle of bouncing off the first major support line, we can see that this will potentially confirm a trend reversal. Looking like it has also started the second elliot wave cycle so could potentially expect big gains. Stoch is stating that it is oversold which also backs up a bounce off the first support line. below I have listed some possible scenarios
1. The price tests the current resistance line, before breaking and retracing back to the support line it is currently on
2. Price is in fact in the second elliot wave cycle and pumps to push for a new ATH before potentially retracing back
3. Price drops to second support line, and then channels between the current support lines (top one would be resistance, before testing the current resistance line
How I see it, option 1 in bold is the most likely. This would follow the pattern of the previous resistance line break. I would also like to see another confirmation of trend reversal before we see a big spike in price
XEM on the moveI am super bullish on ALTS right now. I think btc is gonna take a little dip and pump these things. I am finding my favorite pattern ascending triangles all over the place. Here is one showing the anticipation of the bounce on support creating a ascending triangle. Buy now in anticipation with a tight stop loss or wait for the break out of the resistance.
NEM How to TradeThe price is going to bounce from the downtrend line. RSI is going to confirm a price reversal. We should expect for further downward movement to the uptrend line. If the market bounces from the uptrend line, we'll have a confirmation of possible upward movement. It will be a buy signal when the price breaks the donwtrend line. Also, we can place pending orders for buy above 0.000090 level. If the market breaks the downtrend line and shows strong upward movement without a retracement to the uptrend line, we'll be able to catch this movement. Stop orders for all long trades must be placed below the local swing lows. Profit targets should be at the resistance levels.
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).