Tripple shot top on XEMBTCI just feel like it's going triple top like my McFlurry vanilla shot :rocket: :shrug:
XEMBTC trade ideas
XEM Will Soon Out Perform Bitcoin Preparing For A Moon WalkHi Folk's,
I believe we are still in very early stage of crypto adoption and xem will be one of the top block chains to be used in near future ,
with its recent catapult's release for developers i believe this has a lot of room (potential ) to grow .
we are sitting just above the strongest historical support (also this would be a nice price for expecting some good announcement or listing)
also u can see various bullish indications that are indicating a bull run on this coin pair soon .
alts are waiting for btc to take a leap ahead and they will follow the prices until there is some btc fork ..
u can buy this coin on binance or bittrex .
Cheer's
Happy trading :)
Xem Consolidating Near Strong Support ( Hodl Strong)Xem Consolidating Near Strong Support ( Hodl Strong)
We waiting to see, where the C leg lands, in the ABC patternChart speaks for itself.
Rally at A was strong, but it is possible we might have another go at B.
It is important to know where will C land, once it does, consider getting on this coin, for a potential Breakout
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
$XEM BTC - the good ole 1-2 punch 57% gain 1:5 risk/rewardGood day traders
This is an update to my previous idea on XEM. Please see that idea in the related ideas section below.
I typically don’t like complex charting because with complexity, we have more noise. However, with XEM’s pricing action being so complex, we enlist the help of our friend the Gann Fan
Here you can see multiple points of confluence validating the possibility of higher price action. We have an ABC correction and immediately after that, an impulsive wave with a sharp correction back to .618. Notably this sharp correction led us back to our RSI support, which was once resistance. We can expect the RSI to only go up from here.
Ladies and gentlemen, I think we may have our first 1-2 punch here
Entry: 3913
Stop: below 3521
Target 6200, take profit from 5500 and up
Risk / reward ratio: 1:5
If we find ourselves below 3521, we’ll likely revisit the lower Gain region of around 3200 so make sure your stops are in place.
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
XEM-BTC short to the earthif xem follows its previous fractal, we should expect 2-3 months bear for XEM from this point
in addition, XEM has very weak pump during releasing V2 version software and 500$ xem hacked on coincheck
And uncertainty about its security status
So I'm strong believing that XEM won't rise up for at least 2-3 months
stay safe everyone
XEM is an example of patienceXEM is a perfect example of how Mapping out the waves and moving the chart as it moves allows you to trade with no emotions... Mapping the trade allows you to wash out any up and down noise in between, even if at a loss you still have a plan and thats when patience kicks in. Map your trade, set the boundaries and trade accordingly. This is also why i prefer to map out the mid term trade that plays out over a few weeks.
Patience brings rewards.
#NEM into 2019Looking positive and yet to really pump like the other major alts in this bull market so far.
I hear good things from them at Concensus - so I'm bullish on this seasoned project.
NEM Short ideaHi,
NEM offers a short term sell opportunity as shown. Sell a close below the trendline - target recent low.
Good trading!
XEMBTC ideaI have 2 ideas abou XEMBTC next price.
1) We break out the triangle and go to 0.00004315-0.00004619. Stoch RSI is also bullish.
2) Bearish way to cross bottom triangle line, and then go to 0.00003672
There is a possibility for the beginning of uptrend in NEMBTC .Technical analysis:
NEM/BITCOIN is in a range bound and the beginning of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 41.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is a possibility of temporary retracement to suggested support zone (0.0000390 to 0.0000287). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0000390)
Ending of entry zone (0.0000287)
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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000476
TP2= @ 0.0000578
TP3= @ 0.0000700
TP4= @ 0.0000828
TP5= @ 0.0000957
TP6= @ 0.0001370
TP7= Free
There is a possibility for the beginning of uptrend in NEMBTC .Technical analysis:
NEM/BITCOIN is in a range bound and the beginning of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 41.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is a possibility of temporary retracement to suggested support zone (0.0000390 to 0.0000287). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0000390)
Ending of entry zone (0.0000287)
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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000476
TP2= @ 0.0000578
TP3= @ 0.0000700
TP4= @ 0.0000828
TP5= @ 0.0000957
TP6= @ 0.0001370
TP7= Free
XEMBTC - XEM NEM GEM - 32% easy gain, Risk/Reward 1:8Good day ladies and gents,
I wanted to wait til (4) was done to give you this easy win. Wave (3) was exactly 2.618 of (1) so (5) likely will be 3.618 within the same projection. (4) was a perfect 1 to 1 ABC zig zag that corrected to 50% retracement of (3). We should expect wave (5) to target the 5300 range.
Entry Above 200MA for the 4hrs
Stop below 3900
Target 4500 - 5300
R/R ratio: 1:8
Good luck and stay safe!
Kinashi San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
XEMBTC Plausible price actionThe coin is into a triangle formation. The RSI is moving much faster than the price while falling which means that the upside swing is much stronger and more steady than the downside. We also have a bullish divergence of the RSI tops and the price tops. What is more, the RSI has been oversold at the bottom of our triangle and that makes it quite unlikely for the price to dive deeper. Last but not least, the risk/reward ratio is quite good and one can win much more than what he is risking.
*Disclaimer: this is for educational purposes only*
XEM:BTC, Good 1:4 Risk Reward Trade SetupMaking like cup and handle . It may make triangle breakout soon.
Buy on breakout, Stop loss just below the tringle.
Good risk to reward 1:4 .
Follow and share for more ideas. Press thumb button at right bottom below the chart if like my work.
XEMBTC Hidden bullish divergence + XABCDWe found a hidden bullish divergence moreover there is a unfinished XABCD Gartley butterfly pattern. Indicators shows that there is a high possibility this pattern will be finished. It is a good short term opportunity. Simply follow instructions in the signal and our tactics
NEM downside correction on whipsaws and shooting starNEM downside correction on whipsaws and shooting star likely to plummet more prices but more luring for investments:
NEM (XEMBTC) attempt to bounce back but restrained below 21DMAs, as a result, the pair forms shooting star pattern which is bearish in nature.
If you observe the daily plotting, the price behavior of this pair has gone in whipsaws pattern on 7DMAs, this pattern preceding an uptrend would be the bearish signal (refer daily chart).
Both leading oscillators (RSI & stochastic curves) on this timeframe has shown constant downward convergence that indicates the strength and the bearish momentum.
Consequently, the current price has slid below DMAs to trade at 0.00004119 levels with bearish MACD crossover. For now, more price slumps are expected upto 0.00004070 levels on most likely bearish EMA crossover.
However, on the contrary, as investors get more exposure to crypto trading and learn decisively, price volatility and market turbulence are quite mutual events. Hence, there’s no cause of concern when a crypto dips. Nevertheless, when the slump confines only to selective crypto-asset classes, then apprehension sets in. That was the case with NEM (XEM) investors.
The driving factors of why investing in XEM is shown below:
NEM has partnered with several lucrative sets of enterprises such as Paytomat, Kchain, Dargonfly fintech, and ProximaX etc,
On the flips side, an increased penetration as XEM is added to ABRA wallet, by counting on XEM, the wallet’s developers unbolted it for accessing trading on a wider community of users.
While publicizing the cutting-edge add-ons, the CEO, and founder of Abra Bill Barhydt mentioned that:
“By adding the five new cryptocurrencies to the already robust list of coins Abra supports, we are continuing to offer exposure to assets that have traditionally been difficult to access in a simple and secure way”.
Well, we wish to conclude by reminding investment refers to a long-term phenomenon or any mechanism deployed to generate future cash inflows. Thus, even though you see abrupt price dips that would now be deemed as panicky shorts which are momentary.
Currency Strength Index: FxWirePro's hourly BTC spot index has shown -153 (which is bearish), while hourly USD spot index was at 75 (bullish) while articulating at 10:07 GMT.
