I really thank you all who shares ideas and charts but If you can share not only chart picture, but share why it should go up or down your opinion it would be cool.
All I know about ALT coins is that you can’t be watching charts and this prediction chart is really bad. I really hope it will go as you mentioned but it can return to where it was 2-5 months ago.
So we have a question why XEM should be more expensive next month than it is now when it is already 20x time more expensive than it was 4 months ago
Fib retracement to 0.382 which gives good risk reward ratio, the trendline is holding, if it breaks you have sell limit. Looking at daily RSI selling presure is lowering and its shifting into buying, so there should be crossover anytime (but you will get worse entry if you wait for that), great developemnt and fundamentals. Need anything more? Only thing I need is RSI to get back to +50. If i made a chart simple it does not mean I only looked at one thing.
And you can always check idea from other traders. You have some big traders with same predictions like EXCAVO, ApeX_Trading_Group. I make a public call, but buying is on you. Do your own analysis. check 10 traders before going into coin now, just one, read about fundamentals and technology. and if you find it good buy it :)
Thanks for your opinion and comment.
killa007
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and btw technical analysis is like more people know it, more people will use it and it will be more correct. There can be anytime any news that would shake market in different direction but thats why u have stop loss. Noone will ever hit 100% trades.
exkuji
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lol just in case....
i made entry and all i see is downtrend. If all alt will go down from now on we will be crushed...
ormin79
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@exkuji, Yep on alts there should not be stop losses used, manipulators always hunt, and then price skyrockets, after stop losses clearing. Stop loss should be in mind not in exchange;)
killa007
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@exkuji, There was eth panic yesterday and all alts dropped, they are now recovering, XEM still looks strong. Just hold, dont panic.
All I know about ALT coins is that you can’t be watching charts and this prediction chart is really bad. I really hope it will go as you mentioned but it can return to where it was 2-5 months ago.
So we have a question why XEM should be more expensive next month than it is now when it is already 20x time more expensive than it was 4 months ago