What is my target? Should be 20cents, but this contratrend entry has so much risk that i should wait for pump minimum to 40cents or higher.
I dont advice You of couse to emulate my move now. XEM is very risky crypto - for my taste only for the old guard that had theirs stakes and have sold much of it with huge profit. For newcommers XEM is not convenient instrument at all, especially, if they will look at the weekly chart.
Funny thing is that Bitcoin dont have the specified direction now. 6000 is near, 7300 is so far - no signs to get in. Maybe with SL under 6000? Okay it's only my loud thinking. Other cryptos from my observe list are building not convincing formations to get in, so i must stay by XEM - only this chart is readable for me (but counting of waves can be false of course as always).
But my longterm view of cryptomarket is still unchanged. Any spike up (few days or few weeks lenght) will be temporary... unless banksters system crash - that could be other type of story. For now there is no crash on stocks or no second "Lehmann Brothers" event.
And now what? i closed @8.95cents, this waving is awful!
Other pending orders are staying @ 2.2 and 1.1 cents
For now i do not believe in 1-2 cents at all, but hold of course small pending buy orders in USDT (bigger order can be to risky, exchange+usdt - You know) at 2.2 and 1.1 cents. Some order have also now at 5.5cent (whole pending orders calculated in usdt are my 2% of my money, so risk is small).