Pair : #XEM / #BTC
Platform : #Binance #HitBtc #Bittrex #Coinbase #Poloneix #Bitfinex
RSI : 46
Volume : Volume is coming back again after the retrace trend by the last 24 hours.
**Note : Already broke out from the created falling wedge and after the first impulsive wave was done 2nd correction wave was developing in a healthy manner....
Peace be upon you, Salam Aliukom brothers
In the beginning, I would like to congratulate My Muslim brothers by the holy month of Ramadan I ask Allah to make it a month full of good for all human beings.
On Dec 2017 we shared our first investment signal for NEM and this signal gained a profit passed 500% up to 950%
You can recheck it from here
Today I want to pay attention to the coin hem. Over the past year and a half, many projects have not survived the bear market. Problems also affected this project, they reduced the team, launched the long-awaited catapult - but not at the right time.
Now XEM is priced at the lowest price.
But I like the development strategy and the popularization of their...
. NEM/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
. There is a possibility of temporary retracement to...
XEM has fallen a lot in the past time and now has reached the area that has the high ability to reverse.
You can accumulate from 730-750sts and sell around 1000sts. I think this is the bottom price of XEM and can hold long-term
Stoploss if price is lower than 630sts
in last few hours but until price is above 5 cents, all is ok for position from ma previous idea for XEM.
Market makers will decide where it will go. However longterm i am still very bearish for whole crypto. Bear awaits cheap XEMs in this case (1 cent or lower will be extremely cheap).
It seems this could be its first awakening after a long long sleep..
Almost all alts already did some nice movements or still working on that right now.
Whilst the NEM is that one from plenty of them without substantial move, up until now.
There is scheduled conference Money 20/20 in six days. It's like enough we could hear about some good news.
But what about TA...
$XEM Trying to stop falling after the "we are broke" news.
Currently breaking without volume(Warning) the descending channel.
MACD Looks bullish, RSI rising from oversold levels...
We can see a symmetrical triangle that can help to identify the breakout.. Set Alerts and wait. #XEM
Also on the 12h chart we can see a gartley pattern signaling some bullish...