Priceline of NEM / Bitcoin cryptocurrency has formed a bullish butterfly pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
The price action is hitting the strong support at 0.00000477 sats which is not broken since 2016.
After hitting the support the MACD turned weak bearish from strong bearish.
RSI is already...
We have a strong setup to go long on a bounce. Trade with care as any movement with BTC will follow with a seel of XEM.
Buying this bounce with a tight stop loss may give you a massive R/R
Trade this as a short time trade. If you are HODL'er it is a time to get some XEM into your portfolio.
June 9 G20 meeting in Fukuoka, Japan, the G20 finance ministers, and central bank governors filed a request with the Financial Stability Board (FSB) to monitor cryptoassets-associated risks.
Finance ministers and central bank chiefs from the Group of 20 (G20) major economies asked international organizations, including the International Organization of...
XEM has fallen a lot in the past time and now has reached the area that has the high ability to reverse.
You can accumulate from 730-750sts and sell around 1000sts. I think this is the bottom price of XEM and can hold long-term
Stoploss if price is lower than 630sts
It seems this could be its first awakening after a long long sleep..
Almost all alts already did some nice movements or still working on that right now.
Whilst the NEM is that one from plenty of them without substantial move, up until now.
There is scheduled conference Money 20/20 in six days. It's like enough we could hear about some good news.
But what about TA...
With my last opinion that BTC have a up wave and XEM/BTC chart.
I think that it will have a up wave to 125 -130 range and maybe more.
Stop loss at 10 range but I will look for another entry because I think that it will up.
Sorry for my bad English so I can’t explain so much.
Stop loss for any trade please!
Thank you very much!
Greetings from Benice team!
Today we are going to have a look at a coin which has recently received special attention. It is Nemo.
Some facts describing the NEMO project:
> It has an interesting POI (Proof-of-Importance) consensus. Anyone who installs a masternode can get a reward, although the account balance should not be less than 10,000 XEM coins.
What a good trade setup here.. 4h RSI div in 18 bars.. (generally dont prefer over 14 but this looks nice to me) Strong support hold at 1164.. Safe trade if BITFINEX:BTCUSD doesn't choose to make a surprising move..
Clear breakout has bought some increased volume with promising signs on the RSI.
I have just opened a long position during this pullback.
Sell Targets are shown at the S&R levels.
I will be keeping a sharp eye on BTC as it may have a dramatic effect on how this trade plays out.
As always DYOR and happy trading.
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TRADE DURATION: SHORT TERM 1 WEEK
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot...