One of the oldest pioneers of the cryptocurrency industry; NEM. I don't know if the team or the project is dead, or they might start work on it again. There are not much news about the project. However, the coin, NEM, has a beautiful technical analysis and of course if you look at the beginning of the chart the price of NEM skyrocketed. The question is, can it...
XEMUSDT - NEM
SHORT - after crazy pump into the Fib 0.382 Retracement and
fall back under the key level while taking liquidity from the previous double top.
LONG after a massive fall right into the intersection
between the middle of the downsloping channel and the new rising channel exactly at Fib 0.886 Retracement.
TP1 & TP2 secured letting rest ride.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the XEM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
We've detected a Resistance Breakout and Confirmation on the $XEM / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.0418 | 0.0442 | 0.0497 and the major support zones are respectively at 0.0363 | 0.0332 | 0.0277. We may consider...
XEM hasn't gone crazy yet and it looks like a good opportunity to ride.
Wait for the breakout to confirm and start accumulating.
The green space is for illustration only, it depends on your hands, as always.
You can find my channel, if you want.
XEM is one of my favorite trends for one important reason, history
massive returns happened over the years and still holding the up trend, to see that consolidation over a long period of time is an indicator of up continuation, the behavior of the impulsive wave is one other reason I like this coin, very aggressive on its impulsive waves, and it's still cheap so...