MACD is crossing and approaching 0, Stochastic RSI = oversold, reversal.
TP 8000 sat
There is some FUD in the market due to hacker trying to sell at the exchanges(now tried to sell on reddit, be aware). However, I've been watching a 50 BTC buy wall( 22 BTC already filled) on Bittrex since afternoon for 6000 sat . For current volumes on Bittrex this accounts...
The Relative Strength Indicator is 32 that is near the oversold area, indicating a downtrend is in place. However, it should be noted that the short term price increase for XEM after the coin touch the oversold zone is not what will drives the price. The Moving Average convergence Divergence is also below zero, we have entered to the strong bear market.
The...
NEMs price is holding up strong while many others continue to decline. At a recent peak in the price, XEM created a head and shoulders pattern which sparked a reversal and a bearish push until the EMA(200) and around the 2/1 Gann fan line. This push has now completed the head and shoulders breakout and the price is ready to rise once again. The price has used the...
Checking out the 4H:
Two rejections after it dipped below the 50% retracement line, 3rd time's the charm. Make sure to set a stop loss just in case.
Entry zone : 6020-6610 sats.
6610 is a bit high because it's looking pretty bullish and it's been under the 55EMA for way too long, and the EMAs are about to cross.
It is possible to miss the buy in target, but...
I view this coin from the point of view of the wave theory in the global sense on the graph, you can observe at this stage the second correction wave. I expect the fall to the purchase zone and price consolidation a certain period with the onset of a new wave of growth
INDICATORS
MACCD levels look good on daily and weekly charts
RSI is decent
MMAR is very positive
Drop in price is still possible
INTELLIGENT PREDICTION
Short term (1-7 Days) - -10% - 40%
Medium term (1-3 Month) - 90% - 400%
Long term (5-12 Month) - 750% - 2,000%
MAKE SURE TO FOLLOW US TO RECEIVE UPDATES ON THIS TRADE
Hello Friends,
You all know, a recent attack on Japanese exchange and XEM coins were hacked.
lets do the math and read the news.
1) Max/ Current current supply : 8,999,999,999 coins, 500 M coins direct deduction / reduction. Hackers wnot provide the coins again and they cannot sell because it is tagged by the NEM team.
2) Coincheck going to refund the money I...
Technical analysis:
NEM, is in Range Bound and Resumption of Uptrend is expected.
The price is now below the 21-Day WEMA which acts as a dynamic resistance and prevents from more gains.
DAILY RSI is 45 and above a support level 46.
In H4-RSI , A Bullish exit is occurred which triggering more bullish momentum.
Trading suggestion:
Price is in the support...
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (0.000088 to 0.000072), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of Buy zone (0.000088)
.Ending of Buy zone (0.000072)
Take Profit:
TP1= @ 0.000106
TP2= @ 0.000137
TP3= @ Free...
Hello everybody,
Due to the recent Coinchek hack NEM is going to have a really bad weekend I think... Even thought they have nothing to do with the hack per se. As you can see, Elliot Waves formed already, so I am guessing this could lead NEM to a downfal to the 68 FIB maybe even the 78 FIB It broke 200 period EMA, ther is Volume and RSI confirmation so for me...
XEM completed 5 waves and ABCDE correction.
And we are in a symmetrical triangle.
What we are seeing now is a break-out or a fake-out?
It also could be more extended correction.
MACD and RSI are looking ok.
Volume is picking up.
We will be keeping an eye on it.
Good news: Huobi just listed XEM
I think we can clearly see bullish flag on XEMBTC. I see now two courses of action - 1. go short with target on the lower bound of flag 2. long from the lower bound. If you decide for the 1st option, be careful about upside breakouts.
XEMUSD has made a 5 wave pullback structure right down into the buy zone, major resistance within this area, wave counts within chart which show the first major wave of a massive run to come.
![XEMBTC: $XEM/$NEM - [TA]One more dip before a pump](https://s3.tradingview.com/k/kBqrFFkC_mid.png "$XEM/$NEM - [TA]One more dip before a pump")
