XEM may be a late bloomer, and is one to keep an eye on!XEM made a decent move during the 'Trump Pump' after the November elections, but this move was nothing compared to the gains it has made in the past. For the past 8 months, it has been cheaper than it has been since 2017. I think this could be a late bloomer in terms of the pump we've seen in the altcoin market so far, but it will likely catch up and ride the wave of alt season to the top of the defined area, potentially offering around a 12X gain.
But, like most things in life, nothing is guaranteed.
Good luck, and always use a stop loss!
XEMUSD trade ideas
XEM Possible Comeback & Takeover!#NEM is one of the classic "dinosaur" cryptocurrencies. I previously analyzed it and expected further decline, but my analysis was incorrect.
As long as it stays above $0.0147, I believe it has the potential to keep rising. Passing $0.0625 would possibly target a new ATH.
#XEM
NEM (XEM) : $0.035 | an established Project with Global Presenceit's a logistics project with an end to end solution
users can transfer many different types of digital assets via the network, including tokens, files, contracts, and more, to any type of network.
For example, money can be moved from Paypal to another private network directly using NEM.
the long ARTiFiCIAL price depression was an opportunity for believers and users
to get volume and make a windfall return when the Time comes for such DEMAND ...
a seasonal cyclical multi thematic coin that really gives the highest RETURN among the rest
Strategy: FOMO and size em well
NEM (XEM)One of the oldest pioneers of the cryptocurrency industry; NEM. I don't know if the team or the project is dead, or they might start work on it again. There are not much news about the project. However, the coin, NEM, has a beautiful technical analysis and of course if you look at the beginning of the chart the price of NEM skyrocketed. The question is, can it repeat such soaring again? Even half of that would be amazing. Only time can tell. Let's see what happens.
XEM, algo targets all set for $23.23, 946x! If I don't post this crazy stuff who will? + I'll make for some epic street cred if it actually plays out 😂
market cap yada yada, 200b yada yada, yeah i know. it seems pretty improbable. but hey, I'm just reporting what the chart says. Its either a 0.5 or a .786 fib retrace so the algo targets are set for much higher. what is XEM even doing these days?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $0.013 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $0.0248
Stop: $0.017
Resistance: $0.219 - order block + bear golden pocket.
Target 1: $10.36 - 461x
Target 2: $23.23 - 946x
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
This is not an invitation for immediate flight.What if I told you there would be a retest in the next six months? )))
Yes, that awesome pin was July 10! The price was dropping to completely zero!!!
But on the weekly chart, the VFI curve is about to touch zero. With that kind of volume,
even a bullish divergence probably won't help. More serious consolidation and
level defense is needed.
But a double bottom would be fine!
We're watching this.
Ordo ab chao the chart is a perfect complex chart and it is truly hard to prefer a scenario over the other one so i have no problem to think that my 1 of 1 can be A, about A & C and 1 & 3 we have similar psychological conditions both 1 and A can't be identified and the market participants believe in long term move to opposite direction and both 3 & C are the same in psychological conditions and the strength they have so we are in 2 or B after 1 or A so there will be 3 or C
for now in any case the most balanced price is ~100$ also a believable return ... Wow
-1.618 of (2 or B) & 1 of (1 or A) is the perfect order of the perfect chaos ...
Yet this miracle is a perfect complex and can remain the same so i will not be loyal to my tp and i wait for btc to be on an specific condition
" Be ye wise as serpent "
Disclaimer: neo wave & harmonic wave are the only styles i haven't been working on which means there could be different labelings and i will conquer them before the fifth of c ends so till then my Elliott wave analysis has not been perfected and there can be missing pieces. Dyor
Mother of crypto dream 🕊️Suffering from solitude is a gift and i thank GOD for giving me sicknesses to make me strong
We are in 4 of c of 2 of 1 and the c might end around 0.618 of 1 of 1
While btc is heading to ~300 whales start buying Xem and a baby one wait for the end of fifth wave...
We have many probable targets for 3 of 1 and i dare not to pick a most probable tp for this specific chart because i am wise enough to do so but i know about fifth wave also it is safer to sell when btc is on the 3 of 5 of 5 of 1 ( 64800 is equivalent from psychological 🪟 ) so i will sell at the right time and then i wait for some scientist whom sells 🫀🫁 but you as a TA are not sure if there is any continuation
X wave is probable and any other thing can happen
"Be ye wise as serpent"
Learning blindly i am a different kind of human with different approach because i am poor and i can't buy educational content so i had to learn English trying to read scientific papers from sci hub and many books from z library about some other things so i say the market maker manipulates the mind in every considerable way
price & fundamentals
xem is not a good coin for the way of educational contents coin certification like not any legit information about fundamentals, community, road map and as far as i know no one feel good about xem or know about xem, delisting ... bts is the same the second wave wherien people have a negative mindset and are not sure if there is bullish continuation, a manipulated mindset (my first rule in Elliott is to always buy the second wave)
xrp is on the Fourth wave, the mindset believes that moon landing is inevitable so there is no problem to buy the coin just for fundamentals no matter of the price, huge positive thoughts, a manipulated mindset
i don't want elliot for structures because in my eyes the structure is a motivation for the wrong mindset as experts claim if we do Elliott wave counting right then there will be lots of probability, that is why some say we need considering other information and not only ta especially the complicated one, i say especially the linear logics which is not neat and feels smart & confidence to think that way, like btc has repeated the "X" pattern "X" times hence we are going to see 100k
A secret is not hard to comprehend just can't be seen for the seer, just in front of you, all the time
you are all that matters to the market maker, you are the TA
For the record banks own 92 percentage of the total circulating money on ummm i am not sure if 92 is correct and i don't remember this info is about which market of which country but you get the idea
i prefer Twitter for the wave count, comments and any considerable information about the "mindset"
so the expert of this style can say:
tell me what do you think about the coin and i will do the right thing
i have been posting what i was thinking to know if i can find friends but i found few friends and none like me
Now, i wanna talk about a viper ...
Gaboon viper has the fastest striking speed, has the most beautiful camouflage fractal patterns and hybrids are fascinating, gaboon viper is an ambush predator so the horned king waits for the prey then the king strikes out of nowhere keeping the prey by his large fangs while delivering massive dosage of the poison...
It is recorded that one of them was patiently waiting for the right time for 90 days
They don't move they know how to think they just wait so something will ignore their presence and when they bite they will never let go of the prey
I think we are prey and predators in the market and we choose the way of life
Patience is the virtue of kings
XEM Bullishness continuation XEM is one of my favorite trends for one important reason, history
massive returns happened over the years and still holding the up trend, to see that consolidation over a long period of time is an indicator of up continuation, the behavior of the impulsive wave is one other reason I like this coin, very aggressive on its impulsive waves, and it's still cheap so it has the potential to make massive returns, there is a room for that ,
NEM/USDT Elliott Wave count 6H TFBarrier triangle for NEM and I am expecting wave E to go at 0.618 0.04875 fib retracement of wave D. youu can play long untill this target and from there you can trade short with Stop lose at wave C high.
Overall on long therm I am bearish on NEM.
I will update this count so if you like it give me a like and subscribe for future updates.
XEM Super pumpThe live NEM price today is $0.215854 USD with a 24-hour trading volume of $224,474,919 USD. We update our XEM to USD price in real-time. NEM is down 0.52% in the last 24 hours. The current CoinMarketCap ranking is #76, with a live market cap of $1,942,684,064 USD. It has a circulating supply of 8,999,999,999 XEM coins and a max. supply of 8,999,999,999 XEM coins.
XEM path to 1 cent.Here is possible scenario of XEM price developing.
Aftet XYM airdrop was made, price of XEM dropped almost 91%. Since June it retraced ~190%, but price was strongly rejected at 0.23x.
XEM also slowly but continuously looses positions at coinmarketcup(#72 at time of writing).
NEM puts efforts on its new token "XYM" and further development/support of XEM seems completely stopped. XEM uses POI algorithm for staking, that means: not enough just to hold coins, you have to make transactions to increase your importance in network or make supernode(y need more then 3M tokens) to earn more fees. That is also disadvantage in comparison with other tokens on market.
Currently important level is around 0.18, in case of loosing it(depends on next BTC move), i expect next stop at 0.1-0.8, there we need to watch for price action, or some retrace happen or it continue falling to 0.03-0.01cent.
Anyways, XEM doesn't look like a good investment, neither medium nor long term, at least while we see no any XEM strength.