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NEM / Bitcoin

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XEMBTC trade ideas

NEM on structured breakout to the downside, before upward move?NEM - This Altcoin seems to have completed a breakout to the downside for a possible path towards the second support area, before a very strong upward move. However, TDI does show the RSI line has breached the outer lower band and could either form a sharkfin or follow along the lower outside band until a lower sold position. The Blueberry EMA is running alongside a major trendline and so it is possible that it may either be pinned by the price action OR the Mayo could be pinned and then return upwards. Blueberry EMA is below the price action and all trend lines display, uptrend so this coin is still in a bullish trend. I will not purchase any of this coin as yet, I'll just wait until more price action completes a more clearer pattern. NEM seems to be a good coin to purchase long term, but the entry must be optimal in order to maxise profit. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
Long
by UnknownUnicorn661419
"Do you know what NEMesis means?"Guess that movie quote :D Nem has been supported very well these past 2 weeks and shows signs of more than doubling in value going into October if it can break past the previous high (which I do believe it can). My target is inside of the 18k range with stop-loss set to 5500. Happy trading folks! Feel free to tip if this helps :) btc: 13N2yrbL13vuBufeeMRASGSmNpnBSVu3in eth: 0xB96B305b8658c1aa7D380D5a7fAc1351cE650d80 ltc: LgsnbbAXckLKRBB1Pb4tt5Pm5VLdrRqtCB
Long
by joeohs
NEM How to TradeThe price is going to bounce from the downtrend line. RSI is going to confirm a price reversal. We should expect for further downward movement to the uptrend line. If the market bounces from the uptrend line, we'll have a confirmation of possible upward movement. It will be a buy signal when the price breaks the donwtrend line. Also, we can place pending orders for buy above 0.000090 level. If the market breaks the downtrend line and shows strong upward movement without a retracement to the uptrend line, we'll be able to catch this movement. Stop orders for all long trades must be placed below the local swing lows. Profit targets should be at the resistance levels.
by DLavrov
5
NEM 3x until 2018New NEM's project CATAPULT which will be realized until 2018. A major challenge for financial institutions is the inherent inefficiencies of multiple ledgers within their systems. A blockchain solution with multiple ledgers for multiple assets provides a transformation approach to addressing this issue. We present the all new Catapult blockchain solution platform based on the original NEM technology and concepts. An open platform, the solution is designed to bring down the cost of implementation and ownership, and is a solution that will power the present and future needs for blockchain driven solutions. The Catapult solution is architected to allow for easy integration with most applications, and therefore is agnostic to existing banking standards. It allows for interoperability between blockchain instances thereby permitting shareable and non-shareable data to co-exist in a homogenous environment. This paper is intentionally written to address a wide spectrum of readers. Full information about project BELOW
Long
by razumcapital
1