Pullback to 13k estimate. ~Inspired by god~
Entry: 0.0000330 Stop Loss: 0.0000310 Take Profit : 0.0000600
Moving in uptrend channel. Toched support line and go to the resistance line
* Higher lows on stochs *Over sold on slow stoch * Volume spike * Strong long term downtrend break
XEM is launching it's 2.0 version at the end of December. In large falling wedge since June on BTC chart! Obviously, the price has seen a reversal in USD based on BTC going banana's. A trend reversal can occur at any moment ( new money flowing into the market ). It has found some support at the current level. Hence I left the entry point broader. My personal...
NEM's VP Jeff McDonald will be speaking in FinTech Conference in Seoul on Nov 30 to Dec 1, 2017 with Google, IBM, Microsoft, and many more.
XEM (NEM) is one of my favorite projects to accumulate at the moment. Check out their Twitter @NEMOfficial to see all the projects that are working with currently, it seems like there is progress almost daily. Also check out their website to learn more about what XEM is. NEM.io Great team behind them and the prices looked to have bottomed out with a change...
After bigger volatility, i see here some accumulation behaviour on the chart. Only question is when the moontime come, or from which level, from now on, or from lower levels? I dont know this, noone can know this (beside pumpers of course).
Breakout on the downtrend Price above SMA50 SMA5 crossed the SMA50 Waiting on confirmation with SMA10 crossing SMA50 Using the strategy posted on my previous chart it is showing around 35% profit although it should be higher because you would make the trade when it crosses and not a the the closing price. Thanks to fskrypt for putting it into the editor!
... so here without huge fundamental info, the price probably will slide deeper (after break of the orange line). Price target for this drop is around 8cents but spikes can be of course deeper than that. Fools/dumb money jump in the last stages of pump @ BTC, some of them will dump before owned altcoins - just like XEM. It's so pathetic:)
XEMBTC is looking like it is setup for a nice Long position. There is a Bullish Divergence in the RSI that indicates a trend reversal, breaking the current line of resistance would act as a confirmation of this reversal. CCI is also pointing towards zero and may soon indicate this reversal as well. MACD indicating support for this. As always use a trailing...
What I See NEM is almost done with the correction back to level 1. Risk minimized. Falling wedge is running out of space Has been down-trending for 4-6 months, a breakout is near Last swing high is very far, at 7000 sats. NEM can move to next fib levels (color lines) What to Do Set buy alerts in zones where falling wedge could breakout. Use an app or...