XEMBTC trade ideas
XEMBTC Potential Weekly SupportXEMBTC has been on a downtrend along with all cryptocurrency assets since January, this week we are looking at some relief on the selling pressure. Coins are randomly pumping out of nowhere after being exhausted and taking this in account along with XEM being a solid platform, we believe to have a small swing trade opportunity. ADX is on all time low, and considering that volatility is all time low too, it could indicate a sudden move up which is something that goes accord to the "story" of the current cryptocurrency market, my own targets are posted below.
Buy: 0.00001670-0.00001680 ; SL: 0.00001572
Target 1: 0.00001749; Target 2: 0.00001799; Target 3: 0.00001839
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XEM down before bright futureLong time did not write about it
Situation is more than awkward.
If you have a strong believe in XEM you may start buying it as this fall will end eventually. Most important in the worst scenario you will lose half of your investment.
If you believe in XEM but you do not want to risk you may want to wait till next target and it will be around 1450 -800 price range
Where will find ground and if we will find ground there I cannot say it for you.
My plan is simple: if BTC will start a bull trend I will go in buying XEM not matter if the BTC/XEM will keep falling. If BTC will continue bear trend I will enter XEM/BTC trade only if I will see some pump or whale interest in it.
XEM goin longggggXEM New Economy Movement is setting up for another 3 drives, A third wave or just simply trust in the fractals and how the past proves present. Also the momentum is showing a tight ening divergence as it did in pat followined by MASSIVE gains. Which ever works for you but XEM is primed and ready as are so many others but XEM is definitely one of the more solid and established projects in the cryptosphere today. This year i BELIEVE REPUTATION AND HARD WORK ARE GOING TO BE STRONGLY LOOKED AT IN ORDER TO WEED OUT TRASH PROJECTS THAT ARE GIVING CRYPTO THE SCAMMER VIBE. 2018 IS A NECASSARRY STEP TO A FLOURISHING CRYPTO ECONOMY. long xem GOOOOD LUCKKKK
xembtc bitco
The White paper >> nem.io
Why this cryptocurrency is on the radar of investors for future? XEM Price today – Tues July 24
NEM Price Forecast: NEM has gained even more limelight after the recent hacking of tether. The entire world is shocked by the hacking of that particular cryptocurrency. Owing to this very reason, the cryptocurrencies which are related to the security of files and folders, as well as the security of users, are gaining prominence. One such cryptocurrency is NEM.
In the last 14 to 16 months, it has increased significantly in value and is appreciated by more than 1000%. This is another reason why this cryptocurrency is on the radar of investors.
What is NEM?
NEM provides security to the cryptocurrency assets as well as making the algorithm much more scalable as well. Moreover, whenever there is a spammer who intrudes into the network, the spammer is shut down as well. Also, instead of focusing on the smart contracts, NEM took a step further and created the concept of smart assets. These assets actually had a high amount of security as well as scalability.
Moreover, this cryptocurrency can also process hundreds of transactions in a single second. This ensures that greater amount of scalability is provided as well.
NEM Price Forecast 2018:
According to some of the analysts, it can easily bag its spot into the top 5 most valued cryptocurrencies in 2018. This leaves a significant room for upside even after the recent run-up as well. This is one of the main reasons why more and more investors are actually looking out for this particular cryptocurrency.
In the current meltdown as well, the crypto currency has not slighted a significant amount from the peak. When you take into account that it has risen by 1000%, you still have hefty amount of returns when you compare it with the levels at which it was in last October or November. This is the reason why that even after a fall from the peak, investors are not actually worried about this crypto currency losing value.
source
smartereum.com
NEM/XEM TO REPEAT CYCLE WITH 450% ? - MThis is a medium term trade since we are near our demand zone. Chart is self explanatory as always. If you're a member you will be receiving updates on this trade privately. If you follow me, partial updates will be available.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
XEMBTC is going to break the triangleXEM follows a downward trend, but it forms the possibility of a double bottom which is confirmed by EMA levels. This gives the opportunity of further growth. The price has reached a corrective rollback of about 80%, and the level of Fib 0.786 is often reversal. XEM has a good chance of impulsively breaking through the local resistance and breaking the triangle upward achieving the goals that are in the signal.
XEMBTC Daily - Bullish DivergenceXEMBTC has some rather amazing previous moves in price, and could potentially leap much higher as more people use XEMBTC as the underlying infrastructure. Strictly by the charts, bullish divergence in the Chaikin and excellent candlestick formations on heavy volume indicate a reversal is incoming. Low volume down drifting, looks like the bears are losing steam.
XEM BTC waitWhat do I see do not makes me feel good.
I do have a good sentiment to XEM as it made me ear a lot couple of times last year.
XEM BTC 2800 mark we will test. If brake down next target to buy in will be 2000 and 1600 range.
There is no clear situation right now so buy now means a lot of danger for yourself.
Wait for my update, as I will keep tracking this coin and will announce when you are free to buy in.
NEM XEM RSI CRYPTO STRATEGYRate of Change indicator or simply put it the ROC indicator is another momentum indicator and as the name suggests it measures the rate of a crypto’s change in price and predicts future price movements.
Our RSI is applied over the ROC. So the RSI line is derived from ROC not the price.
Step 1 - Step #1: Wait until the RSI has a value of less than 30
At this stage, we need to use the RSI readings from the daily chart. Just wait until the RSI has a value of less than 30. You’ll have to wait for the daily close to get the RSI reading.
Obviously, this means that you’ll always buy XEM the next day.
Once you spot an RSI reading less than 30 we switch to a lower time frame which brings us to the second rule of the Nem (XEM) cryptocurrency strategy.
Step #2: Switch to the 1-hour chart and wait again until the RSI shows a reading of less than 30.
The second rule that needs to be satisfied before pulling our trigger is to wait again for the RSI indicator to show a reading of less than 30 but this time on the 1-hour time frame.
Remember, this should be the next day after the RSI posted less than 30 readings on the daily chart.
Step #3: How to buy XEM: Buy at the opening of the next candle after the RSI went below 30 levels.
The original momentum Pinball pattern uses a different entry method. We have done some backtesting and found that we can achieve superior returns if we follow a different entry strategy.
How to buy XEM with our cryptocurrency trading strategy is much more eloquent because it uses the concept of multiple time frame analysis.
Buy at the opening of the next candle after the RSI posted a reading of less than 30.
Step #4: Place your protective Stop Loss below the previous day low
After the buy EOS order is triggered, we need to have a strategy to protect our bottom line.
The best Nem XEM price to hide your protective stop loss is below the previous day low. The Nem XEM price should not come to this point.
Step #5: Take profit should be 2 or 3 times larger than your stop loss
Again, our exit strategy is slightly different than the original momentum Pinball pattern.
Be sure to close your Nem trade once the take profit is two or three times larger than your stop loss.
Alternatively, you can use the initial exit strategy which requires taking profits when we break above the previous day high. Don’t limit yourself to either of these two strategies, but instead make the best out of them and use the one that suits the most the current trading environment.
Note** the above was an example of a BUY trade using our Nem (XEM) cryptocurrency strategy. Use the same rules for a SELL trade – but in reverse.
PM me if you want to read the complete strategy.
XEM BOUNCE STARTED WE ARE ON VERY STRONG SUPPORT | BullishXEM BOUNCE STARTED WE ARE ON VERY STRONG SUPPORT
expect bulls to take over once btc stabilises !
remember everything is same dont get blinded by price action or volatility .
ur patience will be heavily rewarded !
Take screen shot of this and hang on ur wall !!