i believe that there will be reduce of price for moment and it will up again. let see how it turn.
XEM is going to climb to around 3300, or even test the previous high around 3480.
This is what i am seeing for XEM (NEM) Let me know what you think.
Better short XEM now im convinced it will touch the 33° line a good entrypoint is rightnow it could pullback to 0.00002050 - 0.00002100 if it does put an long position after your short Good luck !
Situation is stabilizing and now we are ready for new targets for POLONIEX:XEMBTC
XEM undecided which way to go. Had broke out of first channel, creating secondary channel. Caution of possible pull back to .0002200 or even .0002000, (M pattern) Back into first channel. giving a good buy-in. Or needs to break .0002900 and up to next stop at .0003100
Let`s imagine that this is only beginning and the price will be around 1$ for POLONIEX:XEMBTC ...
Shortly after I posted my last chart, XEM successfully broke out of the falling wedge and made a nice run up to 1784, then consolidated a bit, and shot straight to 1984 hitting exactly the fib level from my fib fan. Right now we are seeing a retracement to 1784 which became a new strong support level. My projection is that we will probably see a bit of...
XEM seems to be in a falling wedge right now. The 1150 - 1200 satoshis support level is strong and seems to be holding, and the volume is decreasing, which means that the short term downtrend is losing steam. If it manages to break out of the wedge convincinly with a big volume increase that should mean a trend reversal is incoming and a big move up.
Dynamic resistance will be broken soon and POLONIEX:XEMBTC will climb at new level!
After reaching the target and surpassing it with great force, NEM / XEM is demonstrating its power and protagonism. I even encourage to say that it will be one of the main cryptos this year. Of a healthy, gradual and progressive behavior, it is an ideal long-term investment. It is very probable that with the fall of the BTC (orange line) successfully exited the...
Nem is going to new highs. Consolidation is almost done.
I think that getting down to the previous highs, before the big pump, XEM is a good buying opportunity. Even if I am not a fan of Proof of Stake coins, the NEM team has done some pretty nice developments which could potentially boost the project. It has broken the RSI down trend and has had some nice upside divergence over the last few months. Within the next...
If the price will go down it would be even better opportunity to buy.
Being one of the top 10 currencies in the market cap ranking, NEM /XEM: slow, gradual and progressive is showing a bullish trend, rising 70% in 6 days.From 2862 to 4795 Now after forming a double top pattern is very likely to perform a retracement, ideal to become super long in this crypto that did not show even a small part of its power. A TAKE INTO ACCOUNT THAT...
Strongly beaten by the BTC rally, NEM suffered an unstoppable crash. On my previous chart I saw a possible change in the trend, but the BTC continued to mark annual highs. Today timidly this currency is having signs of recovery and especially of mobility. Technically very slow, but movements at last. We will see how it continues evolving Thanks for your time and follow!
I honestly can not believe that the tenth coin with the largest market capitalization suffers this free fall forming a new minimum. With a triangle I pointed out so they can see how NEM is affected by the BTC rally. However I see a small light behind the bridge, something like a change of trend. Neither does he need strength and cross the kumos ahead of him. Let's...