- This is my projection for a Millenium Imuplse Elliott Wave (Road to 50 000 USD!)
- If the market will follow a standard Impulse wave, we can imagine a structure something like this.
- 20 monthly moving average seems like a good moving support/resistance, can be definitely a good opportunity in the future to buy exactly at this point.
- Expected duration of...
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- On the weekly chart we can see a massive rounding bottom / reversal structure!
- The price is currently breaking out of the local bullish rectangle continuation pattern.
- I am expecting massive ALT SEASON this year, so be ready and be sure to check my related ideas about other interesting coins!
- 2 previous highs have been destroyed by the bulls today and...
As you may know, today NEM is going to distribute symbol's (XYM) token to all users holding XEM.
Binance also did say that they support these network changes and also take snapshots of the account balance of users holding XEM today.
The distribution is going to happen on 1:1 basis, which means any amount you hold XEM in your account, you will get the exact same...
NEMBTC is above 50 day EMA on the daily and bouncing off FIB support. Buy the golden pocket. NEM futures is tradable on Binance and is currently under $0.54. BTC should be stable with institutions like Meitu buying in. HK is inn.
After closing above the MA50, it is possible to grow to the top of the resistor, I expect the Hunt and the pullback to be knocked down above this resistance and then reach for higher goals and new ATH
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The crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
XEM Fully Diluted Market Cap $5,087,671,196
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET...
