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).
XEMBTC
BUY/HOLD Recommendation for New Economy Coin XEMThe New Economy Coin has a long history relative to other altcoins and has recently shown exponential gains in price. It is my recommendation to buy or hold this interesting alt. The coin features are unique such as NEM's multisig solution (details can be found on the coin's website at www.nem.io ). Encrypted messaging is also an interesting feature. Of course this can be done with a multitude of platforms, XEM has the regular features with some 'Easter Eggs' to boot.
Japan has recently legislated BTC is able to be accepted at retail outlets throughout the country, and it is logical to think other alts will follow.
XEM is also the 4th most popular alt at this time in Japan, arguably a leader in the cryptocurrency space.
XEM has a unusually high circulation with a total supply of 8,999,999,999 XEM non-mineable coins . The total circulation is the same, accounting for the relatively low price to BTC ratio. The penultimate supply of coins will stay at 8,999,999,999.
It is my recommendation to hold or buy XEM for a targeted gain of .00021000 BTC.
This recommendation should not be considered investment advice, and is targeted to experienced and interested parties. You are responsible for your own decisions. Please consult a financial professional before investing. Any investment carries a degree of risk, and while the cryptocurrency market is becoming more widely accepted there are many risks involved.
XEM | Bull Trend**INEXPERIENCED TRADER**
Saving this idea for my own documentation and learning purposes.
NEM XEMBTC - Potential Cup & Handle/Triangle BreakoutSee chart for ideas - a breakout past the neckline would seem to indicate a target of around 0.00014.
Be careful with this and make sure you get in and get out - this thing has risen so high lately it's hard to tell how sustainable it is...likely a crash incoming in the near future
Will this butterfly or crab be served today?Lets look at amazing coin XEM:), and his sexy triangles.
XEM/BTC Currently at critical resistance/support 0.00010200 btcXEM/BTC Currently at a critical resistance 0.00010200 btc, (or approximate $0.19 - $0.20.)
Let's hope it can maintain above it for a good support.
Bullis or bearish?That is the question, I think NEM should correct, area 0.00006000-0.00008000 may give nice longs opportunity. We must observe.
Bearish bat XEMBTCBeware this bat dear traders, if SHS formation from my prevoius idea will be in play, someone could take profits faster:)
My XEM Projection (XEM/BTC, Poloniex)My XEM Projection (XEM/BTC, Poloniex)
Of course we always have to take in to effects of what Bitcoin does, will do.
This is just an analysis from previous trends.
Bullish bat XEMBTCBullish bat was formed, but its not to late to join this move, seek possibilities on m15 and m5 interval, take profits on blue lines or from SHS formation when its formed. After that we see bearish gartley formed, but we must wait for more price action, to decide, short or not short:)
Another SHS formation on XEMBTCThis SHS formation is very risky, only for traders, who can baghold XEMs, after fail of this formation.
