The New Economy Coin has a long history relative to other altcoins and has recently shown exponential gains in price. It is my recommendation to buy or hold this interesting alt. The coin features are unique such as NEM's multisig solution (details can be found on the coin's website at www.nem.io ). Encrypted messaging is also an interesting feature. Of course...
See chart for ideas - a breakout past the neckline would seem to indicate a target of around 0.00014.
Be careful with this and make sure you get in and get out - this thing has risen so high lately it's hard to tell how sustainable it is...likely a crash incoming in the near future
My XEM Projection (XEM/BTC, Poloniex)
Of course we always have to take in to effects of what Bitcoin does, will do.
This is just an analysis from previous trends.
Bullish bat was formed, but its not to late to join this move, seek possibilities on m15 and m5 interval, take profits on blue lines or from SHS formation when its formed. After that we see bearish gartley formed, but we must wait for more price action, to decide, short or not short:)
