XEMBTC trade ideas
$XEM $BTC keep this in the eyesAfter a fairly opaque wave we have corrected at 61.8% ne above this ount seems to be able to support strong support this may mean that we get ready to get up but I do not take a position in want to see more signals, Keep it in the eyes
XEMBTC Long Above 6032 TP at 6345 Then 6753 Then 723xXEMBTC Long Above 6032 TP at 6345 Then 6753 Then 723x
Today Trade is Finished#XEM #NEM Holders, I think todays trade is finished. Top Exit point was 0.00011.
Now it will move downward till Monday. Sale your stock and ready to buy again after weekend.
Plan in case of XEMs bullrun.Some bullish moves encourage me to make this plan, in opposite to bearish plan published by me. This is the plan and not a prediction of prices in the future!
SegWit XEM buy the Moon )www.tradingview.com
Leading Japanese venture capitalists invested in COMSA and XEM tokens
Japanese financial company Tech Bureau Corp raised $ 9 million during the ICO to launch the COMSA platform.
According to the publication, large Japanese venture companies Nippon Technology Venture Partners, FISCO Capitals and ABBALab Inc. invested in the new project.
"The participation of not just one but three venture capitalists is evidence of their trust in the adoption and viability of this method of raising funds using crypto-currencies.
NEM breaking barriersNEM just broke historical resistance @ the 0.236 fib level, and is finishing up an Elliott Wave. Also some wiggle room on the Stoch RSI.
NEM to MOON after Aug. 22 Segwit BTC selloff!Approaching strong support + strong fundamentals (Aug.20 lowering fees, new website, new exchange, + Catapult) = MOON. NEM will be over $1 by end of year, at least
Simplified plan in case of stronger Bitcoins bullrun.Bullish Gartley is forming (at least 3000-3300 sat area should be visited if we want to use this formation for trading). Plan will be of course invalidated, when strong upward moves above blue line (daily two candles closed much above this line) will be showed.
Long positionAll the altcoins have suffered a severe decline due to the rapid BTC growth. But it won't be too long before the imminent correction. Altcoins still have a strong growth potential, although not as quick as the one of BTC. Nonetheless, there is a good idea to buy altcoins during the decline. We recommend the target level of 0.00008252
XEM Until the end of 2017With teh btc ath we see another correction. all world wait for the release of catapult by nem. this should happen in 2017 and it should boost the price rapidly.
XEM is one of the most stabile coins out there and the best thing about it, it's a platform, with a lot of uscases.
So get on xem its nice to trade like stratis
XEM the hodl coinWith the new btc alltime high we see another correction in the alts.
With the release of catapult xem should get another ath, but i have no informations about when catapult is going to release. It should be in 2017.
Until then there is a good chance xem is going into the uptrend again. It has good support levels and is fun to trade like stratis.
Plan of fading and how to use itMy plan is simple, 50% of my Bitcoins earnings in his bullrun (i hope it lasts to 9.09.2017) i will use to buy incredibly cheap XEMs (hope for 2800sat). As i dont have many time to trade now on hourly basis, i will be observe on 1d and sometimes on 4h basis. If i see Bitcoins huge 5 waves drop from his ATH (hope for 6000USD in september) i will sell 80% of all my bitcoins on rebound from this drop (61.8 fibo looks historicaly convenient for BTC).
However if line 2/1 or 3/1 of Ganns's fan on XEMJPY chart will hold this drop, and i see bounce up above Ichimoku cloud on 4h, then this plan will be invalidated.
N/XEM Kicked Down By The Big Brother BTC is on fire gaining 25% / 1000 USD during four days. It caused a major fall of many binded currencies. We can expect a kind of slow down or correction of this growth. And the effect on NEM can be very profound.
We used our previous chart to look at current situation. The market roughly followed our suggested directions. Right now we are touching a long term trendline - actually breaking it. RSI in in an oversold area and already chanded its direction and is ready to move up. During charting the price fell back down and we have to wait what's gonna happen next. If there is no sudden growth soon we can expect retracing all the way down to the Fibbonacci level. We need BTC to calm down so Alts can follow. If there is a significant correction on BTC we can expect another down fall. Right now Fiat is a position to consider.
There is a possibility of creating a new channel parallel with the trend line till XEM is strong enough the break up.
My position: We got in at 6947, StopLoss 6117. Targets 77/87.
Feedback greatly appreciated.
Good luck, Have fun and Peace.
Disclaimer :
Due to its extremely high volatility Trading Cryptocurrency is very challenging. Potentially it can be a profitable opportunity for investors. However, before deciding to participate in the cryptocurrency market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
NEM: Long after pullback into structureNEM had a nice bullish run the pas couple of days, but is heading south in a pretty steep fall now. If it comes down to the previous structure level around the 0.618 retracement, i'm looking to buy again to continue the bullish sentiment.
XEMBTC compared to XEMJPYIn blue area XEMBTC will be very bullish.
In XEMJPY pair that can turn out to Moontime.
XEM New Economy - Breakout from consolidation. New based formed.A fall from lofty heights has found a base and built support to begin a new up trend?
