XEM has been on my radar for a while. Today I found the 4hr 3 points I was looking for to feel confident the trend will continue to push through its resistance at 3440. In fact even the Aroon is just now crossing up. On multiple time frames all indicators and patterns match for a major move upwards considering the amount of time spend consolidating and...
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).
NEM Had a strong crash recently and its price dropped hard. I've been getting messages asking me to take a look at it... Here I AM.
We have several signals that are pointing to XEMBTC finding support, with the strongest one being the bullish divergence marked on the MACD and chart (red line).
Additional signals bullish:
XEMBTC is trading near the lower band...
I just picked up some XEM due to many reasons, however it is recovered from its last move up. Indicators show a small move down before a continuation upwards.
Green marks entry
Red marks exit
SL 10% from entry
$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...
After the bears being given the opportunity to control the market for months. The bulls are finally awake and hungry to look for an opportunity to take away that ability to control the market from the bears.
After a month-long downtrend and a heavy spike down in prices, an ascending triangle is forming with the prices of XEM finally breaking through the month-long...
Failed to break above above current descending broadening wedge.
Now retesting current support (remember we are ATL levels).
Bouncing from here could lead us to a breakout. Daily MACD still bullish, RSI flat...
Potential Targets on the chart
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Oh boy where do I start here. This chart looks so good I don't know what to do with myself. Here are the key points from the chart:
1. Volume based resistance levels. Based on volume patterns, especially around November 12th, we...
Commodity : NEM
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 5%...