NEM almost breaking outWe have had a higher low, higher high, higher low, so next step would be higher high, which will be a breakout.
XEMBTC trade ideas
Will be XEM great again?drive.google.com
See the link above. Its my personal XEMUSD chart (made in MT4), daily timeframe. I think XEMtoken may be quoted in nearest future @ 0,5 USD or more. However for long entries better points (and moves up after this points) will be above cloud (the same in XEMBTC chart). Let's see what market say to that projection;)
edit// Beware fake dumps on XEMBTC today or in the comming days. Beware or better to say await whis moments if You want to buy under ichimoku cloud (spikes under 5000sat should be the best opportunity)
XEM - BTC NEM in my humble opinion the first one with all green.This how I see the future for XEM (for now).
thanks
And don't forget to pay your taxes to the Karma-Police.
Lesson from the past - part 2Now we have situation of bearish sentiment, that can lead to price depression even much below 2000sat. Observe and do not take longs under red cloud. Trend is clear now. It is south. What a shame:(
Lesson from the pastIt is highly possible that we can repeat history of deep correction from last year (around 90% of whole rise to 2800sat). Now we have got 14000sat ATH and 90% correction should give price of 1400sat. It is shitty for those who have bought high, but this is crypto, much more risky than FOREX.
NEM to the Moon0My technicals are lining up very nicely we are 2 legs down as indicated by the arrows.
I heard news today that Japan legalising consumption tax on bitcoin and would be
expecting a rise in trading volume. This news may be our rocket fuel.
Entry price 0.00006633
Exit price Moon
XEM_BTC BAY NOWbuy now 6997
sell 7800 & 8200
stop loss under 6600 (4h)
if you get some profit, maybe you would like to thank me with little donations from your profit :) thank you
BTC :
13B7Y3yE5Cg9FmpHFQoQ8MbYd4zt7Jh3qy
XEM Bullish Day-Chartday chart for XEM on PLNX
Entry:7100 satoshi
First Target:8500 satoshi
Second Target 13500 satoshi
it has to break resistence first but this should be nice profit during this week and could even break all-time high
XEM is breaking out of its negative spiralXem was having a negative period and had difficulty to maintain its massive gains. It seems that XEM is breaking its negative spiral now, and can start looking to retrace, and possibly look for new highs.
XEM Worth a review XEM
Establishing new area for support (highlighted)
Broke out from a previous strong trend line (highlighted)
Volumes are building up
possible scenarios
1. comes back down to test same support
2. continue it's way up to test the round numbers (more likely)
trade to your taste
Good luck everyone
Xem go upNEM Foundation Opens First Blockchain Center in Malaysia
BY JULIAN · PUBLISHED JULY 3, 2017 · UPDATED JULY 1, 2017
From Avi Mizrahi
The NEM cryptocurrency (XEM) is the sixth most valuable blockchain token in the world with a $1.5 billion market cap.
The NEM Foundation, creators of the NEM blockchain platform whose native cryptocurrency (XEM) is the sixth most valuable blockchain token in the world with a $1.5 billion market cap, today announced a strategic alliance with Australia’s Blockchain Global to expand NEM’s global reach.
The London Summit 2017 is coming, get involved!
The partnership’s first initiative will be to open a Blockchain Center in Kuala Lumpur, Malaysia, to serve as an incubator, accelerator, and co-working space. Scheduled to open in August 2017, the 10,000-square-foot Blockchain Center will house the NEM Blockchain Innovation Lab, a headquarters for research and development as well as regional support for organizations interested in using the NEM platform within their IT infrastructures.
Later this year, NEM plans to work with Blockchain Global to develop a cryptocurrency exchange for the NEM ecosystem. Blockchain Global previously built ACX.io, Australia’s largest Bitcoin exchange by volume.
Lon Wong
“We’re excited to partner with Blockchain Global in this rapidly evolving blockchain ecosystem,” said Lon Wong, president of the NEM Foundation. “This strategic alliance will fuel expanded reach, deeper collaboration, and multiplication of value as we journey towards developing blockchain hubs around the world.”
“We’re proud to work with the NEM.io Foundation, as we believe their blockchain technology platform is the future standard for mainstream enterprise and organizational infrastructures,” said Sam Lee, CEO of Blockchain Global. “The opening of a nonprofit blockchain center in Malaysia allows both Blockchain Global and NEM to pursue our missions to foster mainstream innovation and adoption internationally.”
The NEM Foundation is expected to spend around $40 million in the next year to fund its global expansion programs. $5 million will be allocated towards supporting blockchain companies incubated in the Blockchain Center.
Where to seek longs on XEMBTC?I'll try to catch some longs @4800, and @3600-3700sat. From 4800sat area bounce should be to 6000sat, and from 3600 easily to 4800-5000area. That scenario is only possible if we break 6000sat support level. On XEMUSD chart (historical data for daily candles imported to metatrader 4) i dont see any signs of positive reversal so price should go down to 0.05-0.1 area.
$XEM accumulation and profit.Saw an amazing gain on 20% sell. Looking at news and roadmap I'm looking to re-enter for 6-18 month long.
