XEMBTC trade ideas
NEM-XEM/BTC C&H TO +500% of PROFIT
XEM / NEM is forming a cup and handle pattern with the possibility of doing almost + 500% increase.
If and only if:
That the retracement reaches the value/range 7142/8496 (BUY ZONE)
Make a pullback and inevitably break the neckline.
And that during the formation of the handle there is an increase in volume.
If these three conditions happen, prepare to see NEM / XEM where it really has to be.
It's been a while since I published.
Greetings to all and good vibes for this 2018!
XEM Update after Gained 870 %At first, i hope there is a person gained some profit from our last analysis for XEM
XEM show bounceing from major resistance at 0.00013501
we will set new buy limits for the next movement
our buy zone 0.00007741/0.00006350
Targets
(1)0.00010501
(2)0.00013501
(3)0.00016549
(4)0.00020881
(5)0.00025908
-Stop-loss
0.00005533
-Risk/Reward
22% / 260%
Set your own risk.
Capital management is recommended.
we ask Allah reconcile and repay.
-Previous analysis.
LONG NEM + CATAPULT + MIJI = global solution for global financeThe solution of the connection between commercial product MIJIN with private blocking and NEM -0.73% with its public blockchain is called catapult, the release of which will make a furor in the sphere of finance
NEM XEM still full of Energy (Updated Chart) (2x-4x Potential)If you're a member, you had access to early charts a few weeks back so you got in early!
Everyone else, we still have great potential to grow here - as usually these charts are self explanatory
XEMBTC Downtrending channel potential breakout 32% profitLooking for an entry point at the support line if it succesfully bounces off. Im LONG already, and will hold until this trade is off or target is reached.
XEMBTC - Looks like a breakout is coming to the upsideLooks like a breakout is coming to the upside. In around 0.00010600, setting a stop-limit at 0.00009600 (take profit before the 0.00013500 mark to be safe). This is just an idea (I am not a professional and no one should blindly take advice), everyone should be doing their own analysis and make their own decisions. This is my first time publishing an idea, let me know your thoughts and comments, I am always looking to better my analysis and will try to provide the best ideas I can. Thank you.
A two options open position XEMBTC . 60 min tfBITTREX:XEMBTC
Hi everyone. As previously published, the position of NEM at the bottom of the channel was opened. Now I see a sales from the line of resistsnce but position not closed. I see a two points to buy this assets: 1) If price come back to top line on channel or 2) If price a break out a major line of resistance (major creek) and dont will be big volume on sales .
it's going up fast, there will be more space for uptrend. it's going up fast, there will be more space for uptrend.
NEMFew minutes left before we close the registration of app ideas for this year's NEM Global Hackathon! Hurry up!
We got a total of 139 entries as of the moment! Good luck everyone!
hackathon.nem.io
The submission for app ideas for this year's NEM Global Hackathon has officially ended on January 1, 2018 at 17H00 (GMT+8).
We got a total of 143 entries! All qualifiers to the 4-week hackathon proper will be notified via email on or before January 7, 2018. Good luck!
XEMBTC Market ReviewA daily summary of the previous day’s market activity and review of current state of market on Cryptos.
Analysis
Daily Time Frame read
On the daily TF after the price breached the green ray we are in overall buyer’s territory and holding above we got some pullback to buy to the nearest S & R (Orange Ray) and buyers gobbled up the discount. We have a entry at the orange ray and market started moving up. We have breached the red ray and I can see some wicks on top showing some selling pressure, apart from the selling pressure buyers made a High on the daily candle, at that time I anticipated some sellers coming up back to the orange ray to make further buying but it didn’t happen. We have to wait for the pullback and then prepare for buy. This can be a few days time taking trade. As of now no entry on the daily as I don’t see any room to buy because there are few hurdles (Resistance) I could see to do a buy.
240H Time Frame read
On the 240H after price breached the orange line we got some selling coming in and buyers gobbled up and then broke the resistance the red line and stood above. The last seller is taken out by the buyer but the power seems less. Sellers came in one candle and buyers came up with 3 candles and the 4th candle with a wick on the top. This could be a stop hunter as I can see a resistance on the weekly. I anticipate some pullback to do a buy If not there is no trade from me because we should not chase the market.
Entries, Exits
No entry for me unless I see some pullback coming in to the orange ray.
Aggressive Entries and Stop loss
If you are quite aggressive in nature and don’t want to lose few Sats then you can enter the trade once the price come down to red line and leaves a big wick on the bottom. SL below the wick.
Conservative Entries
If you are conservative in nature then you can enter the trade once we get pullback to the orange line and then leaves a wick at the bottom, come up aggressively and then holds there for a bit and then making a miniature HH then you can enter the trade and SL below the wick or Orange ray.
If price don’t come until there leave the trade let it go off, why buying so high. We need pullbacks to buy.
Risk Management
• If you are an aggressive trader you can risk 2% of your capital on this trade.
Tight SL below Red ray. Position Size should be calculated based on 2% of the capital/SL by Sats.
RR should be at least 1:2; I am not specifying any targets as of now because the entry is speculative atm.
HODL overnight not more than that because BTC market is speculative atm.
• If you are a Conservative trader you can risk 1% of your capital on this trade.
Wider SL below the wick under Orange Ray.
Position Size should be calculated based on 1% of the capital/SL by Sats.
RR should be at least 1:2;
NEM to push all time high.I think NEM will be moving to test it's all time high. A clear tea cup formation and positive upward momentum from RSI, Positive MACD Cross, and holding above 50, 100, and 200 SMA.
XEM/NEM 1000% profitCan NEM make 10x? Of course, I often notice such cycles on the different cryptocharts. For example, Bitcoin/USD(highs ~320$,~1100$,~8000$), . The same situation . And such patterns are forming on many charts STRAT/BTC , WAVES/BTC , STR/BTC , ETH/BTC.We can say that it is bearish market comparing to BTC , so bullish market must me soon. I advise you to check these 7d charts .There is big chance that after long dominance of BTC , altcoins will recover , and we cant miss this surge .
NEM on 15min, formed a channel,have a point to buy with short SLBITTREX:XEMBTC
We have formed a Channel and sing of streng before, and very good news, I thihk a major line of resistance (1 day time frame) on 0.00013 . SL on 0.000075.
XEMBTC Testing TargetsBITTREX:XEMBTC
Based on a 1-day chart, we can see that candlesticks are on the way to test the first resistance level at 8992 satoshis. If we can break this resistance level, then expect the price to test the 2nd resistance level which is at 13k+ satoshis.
XEM/BTCXEM is following the support and the resistance of the channel well. IF I were a betting man I'd say we were going to see 10k+ soon. IF it falls out of channel proceed with caution.
XEMBTC bullish scenario$XEMBTC remains over uptrend line.
10k Satoshi mark possible if we cross 8k again. Watch volume in blue channel.
NEM BULLISH TREND!In this analysis there is an uptrend seen. If the trend breaks the trend, you can be sure that it will hit the new target. You can set a stop loss, in case the breakout is a false breakout.
XEMBTC Breaking out new highXEMBTC currently forming a nice cup and handle with nice breaking out, still lack a bit more volume for a perfect patern.
BITTREX:XEMBTC
