Looks like a massive cup and handle formed on the daily chart for XEM/BTC. The trend didn't follow the bottom of the cup exactly, but that is not required for a cup and handle formation. Right now looks like a falling wedge or bullish flag on the handle and we could see a definite breakout upwards toward the rim of the cup if it follows the trend line. If we...
Risk: Low Please be advised that this is only an idea, so you are responsible for any losses yourself. Dear followers, New Economy Movement bounced its 20ma and we need a close above the support line. If we break resistance, New Economy Movement is ready for its next move. A close below support will mean a weakening of the uptrend and our only near support...
NEM (XEM) is in the phase of consolidation. Triangle is forming and it should be broken in the following of days. The first target is 13000 sat. The second target 1600 sat.
HI trader Do not forget to put a stop loss The market may be volatile Good luck
For the past few days the volatility of NEM has been decreasing. I think that we can see a triangle-pattern on the chart. This could be a signal for a long trade. BUY: ~10500 as 0.5 level of Fibo ~9700 as 0.382 level of Fibo (less likely) TARGETS: ~13500 as last high ~18000 (long term) as 1.618 Fibo
Let's see if NEM can break upwards out of the orange triangle. If not then there's no drama as long as the price action keeps moving within the big blue uptrend channel.
XEM / NEM is forming a cup and handle pattern with the possibility of doing almost + 500% increase. If and only if: That the retracement reaches the value/range 7142/8496 (BUY ZONE) Make a pullback and inevitably break the neckline. And that during the formation of the handle there is an increase in volume. If these three conditions happen, prepare to see NEM /...
At first, i hope there is a person gained some profit from our last analysis for XEM XEM show bounceing from major resistance at 0.00013501 we will set new buy limits for the next movement our buy zone 0.00007741/0.00006350 Targets (1)0.00010501 (2)0.00013501 (3)0.00016549 (4)0.00020881 (5)0.00025908 -Stop-loss 0.00005533 -Risk/Reward 22% / 260% Set your...
The solution of the connection between commercial product MIJIN with private blocking and NEM -0.73% with its public blockchain is called catapult, the release of which will make a furor in the sphere of finance
If you're a member, you had access to early charts a few weeks back so you got in early! Everyone else, we still have great potential to grow here - as usually these charts are self explanatory
Looks like a breakout is coming to the upside. In around 0.00010600, setting a stop-limit at 0.00009600 (take profit before the 0.00013500 mark to be safe). This is just an idea (I am not a professional and no one should blindly take advice), everyone should be doing their own analysis and make their own decisions. This is my first time publishing an idea, let me...
BITTREX:XEMBTC Hi everyone. As previously published, the position of NEM at the bottom of the channel was opened. Now I see a sales from the line of resistsnce but position not closed. I see a two points to buy this assets: 1) If price come back to top line on channel or 2) If price a break out a major line of resistance (major creek) and dont will be big volume...
A daily summary of the previous day’s market activity and review of current state of market on Cryptos. Analysis Daily Time Frame read On the daily TF after the price breached the green ray we are in overall buyer’s territory and holding above we got some pullback to buy to the nearest S & R (Orange Ray) and buyers gobbled up the discount. We have a...
BITTREX:XEMBTC We have formed a Channel and sing of streng before, and very good news, I thihk a major line of resistance (1 day time frame) on 0.00013 . SL on 0.000075.
XEM is following the support and the resistance of the channel well. IF I were a betting man I'd say we were going to see 10k+ soon. IF it falls out of channel proceed with caution.
$XEMBTC remains over uptrend line. 10k Satoshi mark possible if we cross 8k again. Watch volume in blue channel.