So I'm a holder of Nem and I fully believe this is one of the platforms of the future. Lots of interesting projects in the works and already a few with real world applications which are functioning. The more I get into crypto, the more I realize how many of these coins or tokens may never see light of day, or could be several years down the road. Lots of...
If Bitcoin breaks the long term 3000USD price barrier signalling a new bullish run I would expect XEM to fully recover after it's nearly two month long bearish run.
Everything depend on Bitcoin price and hardfork situation. If Bitcoin starts a new bullish wave we can expect many altcoins to rise fast, since most charts look similar: an insane run of the summer...
XEM looks like it's got decent support. Don't bet the house. From my youtube video research a while back, xem seems like a solid project. Lot's of upside potential.
XRP XLM XEM seem to move similar to one another in about the same time frame. All three coins are currently consolidating at their support lines.
Interestingly enough, a MACD Bullish Crossover may be your earliest sign. A riskier, but more profitable entry will be here. As the trend continues, it will coincide with an entrance into the Cloud.
2 Ichimoku Cloud...
Take it for a ride. Honestly I have no clear ideas & opinion about the insights of Nem.
Here, the idea, is just the repetition of the wave. The crosslines point in the support + the rendez-vous and the overall trend line make me confident.
The drawing part is just a cliché.
By following Fib lines, we can expect at least 12000 as a target, but we need more...
After forming a double top pattern, the inevitable fall came and XEM / NEM was forgotten by many, being the fourth most important coin in the ranking of the crypto market.
Following Bulkowski's theory about the Adam & Adam double top pattern, where levels A, B and C are marked, and then take a change in the trend towards a bull market. coinmarketcap.com
We will...
