XEMUSDT is ready for the breakout? 🦐$XEM.X is testing 1d resistance after the breakout from descending channel. IF the price will flip resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XEMUSDT trade ideas
Xem is going to grow to usdtXem has been falling down for a very long time, if you look at daily macd it's really a time to recover. Also every new day is less and less time to airdrop. Dispite a fact that a final date is not yet announced price can easily grow because any day this announcement can appear.
This is not a financial advice. I'm only sharing my own ideas in which I believe.
XEM USDTAlways looking for more buy in this market you can buy now and hold for the next couple weeks
price beak channel and retest it and also in a triangle and try to break it
Nem looks pretty through the correction Hi guys
after the nice upward move XEM USDT pair is now in the correction phase, the correction looks healthy and the 2 last touches of support zone with decreasing volume, support the possibility of double top formation.
now that's the time to watch the coin: if XEM breaks the Descending trend line, can follow the road map and the targets mentioned.
on the other hand if mounting selling pressure breaks the support, retest of the red line is possible.
always do your own research and with that: happy trading :)
XEM UP5th elliot wave in weekly chart is about to running
4th wave is on 61.8 fib level
resistances level>
0.26
0.32
0.41
0.46
XEMUSDT i see that XEMUSDT going to move up next days but there are 2 scenarios s u see in the chart
XEM/USDT shortRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck!
XEMUSDT completing final leg of Shark | Upto 124% move expectedOn the daily chart, the price action of the NEM (XEM) coin is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Potential reversal or buying zone: $0.1576 to $0.1240
Fibonacci projection or sell zone: $0.1989 to $0.2788
Stop Loss:
The potential reversal zone area that is up to $0.1240 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 124% and as per the above-mentioned stop loss, the loss possibility is 21.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
NEM (XEM) BEST ENTRY !!!!Hello traders
As you can see in the chart, the price is moving in 2 different channels, both on their bottom line. So I expect the price to rise since there is good news ahead for NEM. On the other hand, price got supported on MA and Ichimokou too.
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What is your opinion? Comment below.
If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too.
Goodluck.
💡Don't miss the great buy opportunity in XEMUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.25870).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XEMUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 0.28890
TP2= @ 0.31400
TP3= @ 0.34140
TP4= @ 0.37880
TP5= @ 0.45630
SL= Break below S2
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💡Don't miss the great buy opportunity in XEMUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.2587000).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XEMUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 0.2889000
TP2= @ 0.3140000
TP3= @ 0.3414000
TP4= @ 0.3788000
TP5= @ 0.4563000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XEM/USDT Reversing From Major SupportToday, XEM/USDT has once again touched the upward sloping trend line. Promptly, the pair reversed to continue its upward momentum.
Consider Resistance 1 and Resistance 2 as potential exits. Do your own DD.
