Bullish momentum XEM/BTC, but wait.Hello Traders,
XEM/BTC apparently did an inverted head and shoulders after a reversal on important support level and now breaks the resistance line on the uptrend direction, but wait for, we are now going to test a resistance zone, the right thing to do in this asset is waiting for some bullish accumulation pattern at this level and entry on the next breakout.
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XEMBTC
$XEM, Crossing over ~480sats resistance level w/ spike in volume$XEM
Crossing over ~480sats resistance level w/ spike in volume and UCTS buy signal flashing on the 2D
Looking for a potential flip of this level as sign of continuation on lower timeframe (12H could work)
If happens, then we may aim for an entry and ~550 as 1st target
#XEM
$$$XEM$$$Hi All !!! XEM is looking interesting here ! If this 4 hourly and daily candle can finish above $0.045, will possibly find its new support there and there could be a breakout soon !!!
Cheers !!! Happy Trading !
xembtc appoaching buy zone XEM is approaching 2020 low against BTC
Strong PRZ, slowly taking long positions & accumulating where possible
to increase holdings for longer term
XEM/BTC - Pattern Adam and Eva.Double one's also called it.
Pattern reversal;
It's worth waiting for a level breakdown,
to fix and only then buy.
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Before to trade my ideas make your own analysis.
Thanks for your support!
XEM/BTC finally into our Green zone Now 100% Potential#XEMBTC TA Update:
Current price is 450 Satoshi.
#XEM finally enter in our Demand Zone So I started Accumulate #Nem
I am bullish above this Box so I am buying.
Bellow Green box I will exit.
Green box is our entry Level.
and I will accumulate more and more in this Green box.
for huge profit I will hold for Mid term.
S: 400/386 Sat
R: 529/689/871 Sat
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XEM/BTC Supper Bullish 100% Poterntial From here#XEM/BTC Update:
current Price is 470 Satoshi.
hope you save Fund by hit Stop loss and you had Best entry around 450-470 Satoshi.
now #XEM at 0.7fib Level. this is very strong for Bull Market of #XEM
I am Buying here at 470 Sat and and placed bid 405-430 Sat
I shared my all trade screenshot On Twitterr
#IamBullish
Green Zone is more #XEM/BTC Accumulation Phase and bellow Green Zone Market bearish.
I can expect 100% profit within 1-2 month.
Not Financial Advice this is my Opinion.
support: 450/405 Satoshi
Resistance: 525/750/880 Satoshi
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XEM/BTC 105% Potential Chart and also check entry#XEM/BTC TA Update:
#xem bounce from Support 1 and now #trading at 522 Sat.
if we will break 580 level then flying and Target would be 50%-100%.
stop Loss if candle close below 500 sat then exit and re entry would be 407 sat.
but I watching Market closely if any changes I will updates here or Twitterr.
so keep an eye on bellow level.
Entry: 500-520 Satoshi
Targets: 580/726/1046
Stop loss: Any candle close bellow 500 sat then I will exit.
support: 500/407 Sat
Resistance: 580/726/1046 Sat
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NEM Hits Support (Decision Point), What Now?NEM (XEMBTC) just hit MA200 as support. Once this level was conquered as resistance, it can later work as support.
Last time MA200 was conquered prices moved up with good momentum and volume, this is almost always true.
Now that MA200 is in-play again we reach a "decision point"... Here is how it works, keeping it simple:
1) If prices stay above MA200, we go bullish right away.
2) If prices close below this level, we have a retrace and then the next bullish wave.
No matter what happens, we remain bullish long-term.
This is not financial advice.
Namaste.
XEM Retracing Golden Ratio with Bullish Divergence | 17%Formation of Descending Trianlge is in play.
0.618 Retracement is being tested.
Rough Bullish Divegence is support a Reversal, which will be test to the Resistance of Descending Trianlge.
XEM - Nem - BTC 1 D - good accumulation and ascending triangle |We have a good accumulation of XEM
The exit occurred at an increased volume - which is also a good sign of a trend.
Now the price has huddled in an upward triangle, where the price continues to move further along an uptrend.
But also I do not exclude another test of support and the trend line.
I buy in parts of 600 - 560 - 510
Goals - 730 - 860 - 990 - 1140
Cancellation script maintenance and consolidation below 380 satoshi
This is just my opinion, and is not a call to action)
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XEMBTC | Downtrend till the Fibonacci 1 levelStudy of small and large timeframe scales reveals momentum accumulation. According to technical indicators such as Directional Movement Index and Ichimoku clouds indicators combination we see an aproaching downtrend till Fib 1 retracement level where a strong support and pivot point is located.
(-DI) is above (+DI) and ADX line is much higher than both directional indices thus we will have a downtrend which is confirmed by our public Ichimoku clouds strategy you can find it in our scripts list
We will catch XEM at the bottom and enter the position around Fib 1 level. As usual targets are in the automatic premium smart trade signal's settings
XEMBTC Bull Flag|Ascending Triangle XEMBTC
Evening Traders!
Today’s update will be on XEMBTC – trading at the top of its potential ascending triangle in a bull flag formation.
Points to consider,
- Trend respecting ascending support
- 200 MA broke (S/R flip)
- Structural Resistance zone to close above
- RSI respecting Support
- Stochastics bouncing
- Volume profile climax evident
The trend is respecting its ascending support, putting emphasis on the ascending triangle formation, which tends to be a bullish pattern.
The 200 MA broke witch convincing volume, this average was a staunched resistance. Structural resistance on the other hand is to be closed above, this will negate overall bearish structure.
RSI is respecting support, close below its trend line will increase a bearish bias. The stochastics is in the lower regions where it can stay trading for a while, however lots of stored momentum to the upside.
Volume profile climaxes are evident, suggesting that XEMBTC is in a true trade location, an impulse move is likely.
Overall, in my opinion, if this bull flag comes to fruition, XEMBTC is likely to reach its technical target as structural resistance will be negated.
What are your thoughts?
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And remember,
“Win, loss whatever emerges in the short-term, place and manage your next trades untouched, unattached... always keeping your eyes on the long-term picture.”
― Yvan Byeajee
XEM/BTC Bullish momentumHello Traders,
XEM/BTC just broke the short term downtrend line and started to acumulated above the resistance on a ascending triangule pattern and now is poping out of the resistance, the buying volume increases, we are above the 200 moving average on 4 hours chart, so the momentum is ultra bullish.
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XEM/BTC. Retesting of the global accumulation range1. Global bottom.
2. Easy-to-identify accumulation phase and the retest.
3. Minimal risks.
4. R/R ratio is very nice.
5. The same is valid for XEM/USD.
Generally the project is doing well. There will be good fundamentals soon, so, buy the rumor, sell the news.
I'm holding some XEMs from 400-450 sat range, but it's just the beginning. The patience is the only way to the triumph.
Disclaimer!
Not a financial advice. You must do your own research and use it as the priority. Trading is risky, so trade responsible.
P.S. Some thoughts about the dominance.
XEMBTC trap they lead us into a trap and dump us 1 more time. On March 1st there will be growth, but so far we are falling.
NEM bull wedgethe purchase was completed, we follow the scenario - today the shot is 666 - 750 to target 900
There is a trading opportunity to buy in NEMBTCTechnical analysis:
. NEM/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000054 to 0.0000038). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000054)
Ending of entry zone (0.0000038)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " 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 the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000073
TP2= @ 0.0000100
TP3= @ 0.0000135
TP4= @ 0.0000217
TP5= @ 0.0000294
TP6= @ 0.0000451
TP7= @ 0.0000579
TP8= Free
There is a trading opportunity to buy in NEMBTCTechnical analysis:
. NEM/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000054 to 0.0000038). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000054)
Ending of entry zone (0.0000038)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " 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 the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0000073
TP2= @ 0.0000100
TP3= @ 0.0000135
TP4= @ 0.0000217
TP5= @ 0.0000294
TP6= @ 0.0000451
TP7= @ 0.0000579
TP8= Free