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XEMBTC trade ideas

XEM ($NEM): ABC Correction is mostly done!Hi Guys, ABC Correction is mostly done and we should make profits soon! Currently XEM is bouncing significant support zone marked by previous low. Also, near is 1000sat price zone which i consider as a strong psychical support. If you look in more detail to Poloniex Order book, you will find a lot of buy walls slightly above 1000sat. Imo, good sign of new incoming traders. I guess, XEM going to visit 1060-1000 zone again to re-test this support. I'm going to wait for the results of this test because there is a still chance to go downward, deeply below 1000sat. If you like my TA, pls. hit that "like" button, follow me or leave your comments. Thx!
by AsBobbyDigital
Nemo Will there be a second life?Greetings from Benice team! Today we are going to have a look at a coin which has recently received special attention. It is Nemo. Some facts describing the NEMO project: > It has an interesting POI (Proof-of-Importance) consensus. Anyone who installs a masternode can get a reward, although the account balance should not be less than 10,000 XEM coins. > The network has 9 billion XEM, and this amount is final, there will be no more emissions. > The coin had been in the TOP-10 at Coinmarketcap for a long time. > Except for the pairs against bitcoin and dollar, it is traded against South Korean won. Interestingly, the coin was at its minimum at 0.0000081 BTC on December 7, 2017, but just a month later, on January 7, 2018, it got to 0.00013669. Thus, its price increased 165 times. Prior to that, a similar growth rate to the same levels happened in May 2017. Let us omit all the fundamental and news background and turn our attention to the chart. As for the technical indicators, it has almost fallen to the bottom against South Korean won. This is the first buy signal. Despite being traded in the red, the price against the dollar is holding. It is the second buy signal. Although still there is a potential for a drop: 0,027 is the first potential level, and 0,023 is the second one. The last level is 0.007. If it goes below this level, the coin will be unlikely to grow back and it will finally die. The potential for a drop to 0.00000832 against bitcoin is the main target. The lower levels of 0.00000531 and 0.00000289 are bearish. You'd better enter the transaction when the level of 0.00001250 is broken out. In this case, your targets at the top would be 0.00001669 and 0.00001971. If it grows higher than 0.000023, then the target would be 0.00002785. If you trade at these levels, you'd better wait for a signal. (We are definitely going to publish it in the update of the review). The coin cost 0.00010221 BTC at the moment of listing. If the growing market cycle is back, we will witness these values, because prior hypes were characterized by the conquest of the level. Subscribe to our updates. We are going to inform you about the latest transactions under this review. Don't forget to put a thumb up! :)
by benice_trader
Weak Short Term Fundamentals. Short to ~850NEM is fundamentally at a weak point (www.coindesk.com) We also failed to 'double bottom' from the recent low at 1250. That in addition to Bitcoin having no firm base in place right now; means this is all very uncertain/bearish. The next stop down, is from the long term weekly chart, to the previous capitulation candle/wick at 850-900 or so. "The full launch of the platform’s native engine software, called Catapult, is scheduled for later this year" -- As soon as this is either released or expected to be released imminently, this coin should go vertical again. So there's likely a lot of money to be made with this coin but wait for a substantial discount before you on-board.
Short
by losingup
There is a possibility for the beginning of an uptrend in NEMBTCTechnical 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 45. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001757 to 0.00001635). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001757) Ending of entry zone (0.00001635) 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 the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00002170 TP2= @ 0.00002430 TP3= @ 0.00002930 TP4= @ 0.00003600 TP5= @ 0.00005050 TP6= @ 0.00006220 TP7= @ 0.00007400 TP8= @ 0.00009075 TP9= @ 0.00011195 TP10= Free
Long
by ForecastCity
2
Be careful on short term XEM entryXEM has been doing fairly decent compared to BTC in the past month, but it looks like XEM is in due need to cool off. Its hitting a confluence zone of where its touching the 200 day Simple moving average and the top of the ichimoku cloud. Also, there looks to be a rising wedge. The RSI is showing bearish divergence. This means when the price is rising but the RSI is declining in strength signalling a probable decline in price will occur in the near future. The weekly chart shows that XEM is losing steam as well. Shown here below: You can see the price is rising but the buying volume is slowly decreasing. This is forecasting a likely decline in price in the coming weeks. A good area to buy is 1628 to 1662. Even if XEM pushes above the ichimoku cloud it is thin. Which means although bullish there isn't much support to hold the price up. XEM is a top fundamental coin. This coin is a must buy for a midterm/long term hold. XEM does instant and nearly free transfers. 2 things bitcoin is struggling to do.
by AmazinRaisin
1