XEMBTC trade ideas
XEMBTC Long XEMBTC (Positional Trade)
• I am holding this trade for a period of 3 Months. I can see a clear HH sequence forming (Green Dotted trend line). I see price is reacting right above the support and price is challenging the guy who started the move. But I presume that there would be some bearish sign on the trend line If that happens then I would be likely to do hedging as I could sense price is not willing to go Lower Low and it will take a turn to hit the target.
• But here the main point is buyers are strong in this case, it took 6 weekly candles to reach that highest point and sellers are so week it took nearly 29 weekly candles to come to the recent support area that tells strength of the buyers coming in and sellers are so weak. I also presume that I will not see the sign of LL. If this case happens to be safe I am using a wider stop loss and reducing my position size.
• I will be updating this trade once in a week.
Risk Management:
Entry: 0.0000325
TP: 0.000058
Stop loss: 0.00000444
Position Size: 1% Risk on your capital/15.5
Risk/Reward: 1:3 So, HH RR.
If TP is hit then we will be at 44% profit.
Buy from Sellers and Sell from Buyers.
XEM (NEM) LONG (400%+ Potential)I am opening a trade on XEM (Neweconomymovement).
Chart drawings is for representation.
You can see the bounce after Bitcoin bull run stopped.
RSI and MACD showing massive room for upward growth.
Trade active @ 0.00001430
Targets:
(1) 0.000047
(2) 0.000088
(3) 0.000100
Stop-loss:
(*) You can choose 10-20% below your buy in.
You can also hold for as long as it is necessary for this trade to take off.
Note: You can set your own targets. Once this trade takes off, there will be plenty of time to decide when to sell.
Let's trade and let's earn. Now, forever and ever.
Patience is key. Set it and forget it.
Come back to take the profits.
And... Remember... YOU DESERVE THE BEST!
NEM Bullish DivergenceThe trading idea is based on a bullish divergence which gives us a trend reversal signal. The price is going to bounce from the support level. We can use the previous high for placing pending orders for buy. Entry level is 0.00002600 with stop at 0.00002100 level. Profit targets are 0.00003300 and 0.00005000 resistance levels. The part of trade volume can be left for long run. This market will allow to increase BTC value, if the market moves upward.