XEMUSD trade ideas
XEM/BTC TRADE IDEAThis pair seems to be inside a consolidation flag, and it could head two ways that I pointed out on the graphic. RSI shows that there's still room for growth in this market, and considering that BTC is currently going into a correction phase, it wouldn't surprise me if price breaks the downtrend line and heads towards resistance. The 1.12 dollar level could be a good entry point if price breaks the uptrend line and DMI+ confirms upward moving, and then we'd be looking to a gain of possibly 12% gain if it hits resistance and you wanna leave at that point.
I understand the fact that there's no exchanges currently trading XEM/USD but with bitcoin dipping in price we could use this pattern to analyse the XEM/BTC pair. I'm just starting to make analysis, hence why I don't feel confortable posting analysis regarding pairs with BTC because it's behavior is hard to predict.
Let me know what are your thoughts on this and if you think i've made a mistake feel free to correct me.
Peace,
Daniel
XEMUSD. 50% range on the growing trendNEM grew strongly in December (5 times from the minimum to the maximum)
Now, on the chart, we see a quite broad consolidation.
The point below at $ 0.75 is supported by a slow moving average and graphically this level is the visible support level
The point above, the resistance level, is more vague. For orientation, you can take the $ 1.10 mark
We see that the indicators several times went from the lower limit of the range $ 0.75 - $ 1.10 and vice versa
So the idea is not just to hold NEM, but to use the range:
buying around $ 0.75 and selling at about $ 1.10.
We do not recommend working from shorts, because the trend is growing and in case of a breakthrough from the range the probability of getting losses from a short position is more than from a long one.
XEM/USD Daily Update (17/11/17)Crypto is the trend right now.
I am seeing bullish-ness, however a break above 0.26 would be a safer entry.
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NEM/USD Buying opportunity comingI see NEM falling to test 70 cents and will be looking for support resistance around that area. If we find support and take a buy looking for a target of $1.70
Breakout incoming in XEM / NEM . Possible breakout incoming in NEM / XEM .
Look for a big break over the $1.03 area which will likely act as a pivot point.
Upward ascending triangle.
Short term goal: $1.15
Longer term goal: $1.45+
$XEM is now in sideways consolidation between .85 and 1.00 #nemconsolidation started, expected to end in 24-72 hours
Short bear run - opportunity to shortTrading along the upper BB. Testing the upper line without breaking resistance. Quick exit and re-entry for fast short in quantity.
XEM - Target Reached?After a little adjustments to the triangular patterns to allow for changes, XEM eventually reached the target price. Wouldn't call this picture perfect. But hey it got there in the end.
XEM / NEM - We Chat FA and Fib level analysis Dec 8th 2017Greetings
very exciting news for New Economy Movement holders and haversters
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Inside NEM launches tomorrow with all the details on the new #wechat #NEM #wallet plus worldwide events and news galore! Join us #CryptoNews #XEM #blockchain #cryptocurrency #Crypto
at BTFD we harvest XEM by so simple techniques that we are happy to pass on, and give access to a 'busy' node just hit us up in BTFD chat : t.me
Back to XEM and TA, just some simple Fibs for profit taking ideas and potential rebuys too
the weekly chart has a golden crossed formed on the XEM/USD chart, will see how this one closes
XEM/BTC has a lot of potential and we could see reach up to 0.0001 in 2018 around $2-5 depending on bitcoin and other tings
if u bought XEM under 2k your laughing right now-, if u can afford 12-15k of XEM get in touch and we will show you how to make more!
peace and powerful trades to you all
NEM (XEM/USD) Prediction for this week Hey Everyone,
As major platforms such as Dash, NEM, Bitshares and Neo are quietly taking steps designed to bring them into the mainstream and growing rapidly which these platforms are similar to Ethereum in that they offer smart contracts and the ability to create custom tokens, as NEM adoption and development continues to grow and also as the NEM.io Foundation has announced a $40 million expansion plan, and it is building a blockchain centre in Malaysia to promote global innovation which the foundation is also working with Blockchain Global to build a cryptocurrency exchange based on the NEM platform, NEM upside direction against the American dollar.
Now it's a great time to buy NEM and the advantage is that the price is below 1USD.
XEM is in an uptrend!XEM is in an uptrend. POLONIEX:XEMUSD
Cryptocurrency is in an uptrend.
Breakout is likely to the upside.
ascending triangle, break above .56 will target .70 $XEM $BTCascending triangle, break above .56 will target .70 Consolidation in the works
XEM Start of a Bull trend for 2018XEM lots of upcoming news in 2018. if the pattern carries on recurring then $1 by 25th Jan is my prediction.
XEM/USD Possible yummy little trade...Bullish divergence for continuation higher after a bounce off lower edge. Let's see if this materializes...
*interesting coin "NEM" XEMUSD- check it out nem.io
XEM - 13/12/17 - Potential BreakoutMy trading is all about keeping it simple. Here you have another triangle pattern forming with the potential for a breakout if volume is present.
Have a strategy in place and you'll lessen your risk.
