XEMBTC
Ping-Pong Bearish bat-Bullish batAs You see price action indicates indecision, for brave trader it's a good short time speculative opportunity. I try to seek small longs in the blue rectangle area, when other indicators tell me that local bottom is possible here.
NEM (XEMBTC) Main Trend Update: Triangle Pattern IdentifiedSince late May NEMBTC has been trading sideways. The main trend remains positive, but the short-term picture isn't that obvious: the Triangle pattern speaks of indecision among traders. It's not clear whether wave IV has been completed. In any case, I suggest employing the break-out strategy with triggers set @.7957 and .9499 levels (see chart).
Bullish batVery harmonic bullish bat, take profits should be near black line up (aagresive take profit), or around 0.0001 (conservative take profit)
XEMBTC opportunity to BUY nowI just see opportunity to buy XEMBTC
safely with good risk and reward ratio
I expect the price will go up to target profit
as it hit support and it form hammer candlestick
trade with care
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XEMBTC found support line and prepare to move upI see that XEMBTC hit support line already
now it start to move up
this is opportunity to BUY XEMBTC
target profit around that I draw
enjoy trade
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Thank you
XEMBTC Opportunity to BUY soonI see that XEMBTC is down to test support line and
hopefully it will bounce up , buy when see signal BUY
If there is a bounce , the price will go up around TP that I place as 1st Target profit
Trade with care
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XEM UPTREND. Local double bottom and triangle formed. Breaking redline means we gotta rise.
BY THE WAY. Bitcoin going down, looks like strong coins like ETH, XRP, XEM etc. will gain on it.
Watchout for breakout.
XEMBTC is neutral - suggest to WAITfor someone who trade XEMBTC I suggest to WAIT it to test to break out from the symmetrical triangle
if it break up it will most likely go up
if it break down it will go test support but the price is not expect to go near previous low and it will rise up as soon as there is signal BUY
trade with care
If you like my work please help to like and follow - Thank you
XEM showing a pattern pre-breakout ?Start accumulating XEM now if you have not yet, wait for 3-5 green candle sticks consecutively with volume increasing for the more cautious trader. Otherwise, start buying now because its only a matter of time before the next leg up.
Cup formationFor me cup is formed on D1 chart A/D indicator. Now wait for properly formed handle and confirmation of this formation.
Bullish bat XEMBTCThis bat needs confirmation, double bottom on "D", or wave "CD" can even go deeper to 0.8 (0.00007 BTC) Fibonnacci level of wave formed from around 0.000055 to 0.00014
XEM gonna double. Hop on!Chart explains it all. Almost same exact pattern three times. Expect it might double.
potential xem double bottompotential xem double bottom forming
bouncing between a double top and a double bottom = big resistance/support
What Elliott says for XEM?Thats what is possible to happen, its version of future with option that XEM will do WXY correction before ending with spectacular 5 (in 3rd wave of higher tier).
